A Reason to Hold Inventory Arises When an Organization Anticipates

question 34

True/False

A reason to hold inventory arises when an organization anticipates that an unusual event might occur that will negatively impact its source of supply.

---

Definitions:

Ratio

A ratio is a quantitative relationship between two numbers showing the number of times one value contains or is contained within the other.

Ratio

A ratio represents a quantitative relationship between two or more numbers, showing how many times one value contains or is contained within the other.

Ratio

A mathematical term describing the quantitative relation between two amounts, showing the number of times one value contains or is contained within the other.

Equivalent Ratio

A proportion between two sets of quantities indicating their equality in value or function.