Which of the Following Are Objectives of Distribution Inventory Management

question 30

Multiple Choice

Which of the following are objectives of distribution inventory management?
I. To provide the required level of customer service.
II. To minimize the costs of transportation and handling.
III. To always have enough of everything on hand so there are no stockouts.
IV. To be able to interact with the factory so as to minimize scheduling problems.

• A) all the above are objectives
• B) I, II and III
• C) I, II and IV
• D) I, III and IV
• E) II, III and IV

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Definitions:

Private Corporations

Businesses owned by private individuals or entities, characterized by not having shares publicly traded on stock exchanges.

Board of Directors

A group of individuals elected to represent shareholders and govern over the activities and decisions of a corporation or organization.

Cost Method

an accounting technique used for recording investments in subsidiary companies where the investment is recorded at cost and adjusted only for dividends received.

Consolidated Financial Statements

Financial statements that aggregate the financial position and results of operations of a parent company and its subsidiaries.