The Purpose of Buffer Inventory Is to Compensate for Unexpected

question 20

True/False

The purpose of buffer inventory is to compensate for unexpected fluctuations in supply and
demand.

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Definitions:

Necessity and Reality

A conceptual framework that distinguishes between what is essential and fundamental (necessity) versus what actually exists or happens (reality).

High-risk Positions

Jobs or roles that entail significant potential hazards or dangers, either physically, financially, or legally, often requiring specialized skills or knowledge to mitigate risks.

Production-oriented Leadership

A leadership style focused primarily on efficiency, output, and meeting organizational goals often at the expense of employee relations and satisfaction.

Written Rules

Explicit, documented guidelines that govern behavior and procedures within an organization.