Which of the Following Is Correct

question 34

Multiple Choice

Which of the following is correct?

• A) Average inventory = cycle inventory + safety inventory
• B) Average inventory = cycle inventory - safety inventory
• C) Average inventory = cycle inventory × safety inventory
• D) Average inventory = cycle inventory / safety inventory

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Definitions:

Competition

The presence of multiple companies or entities in the same marketplace, vying for the same customers or market share.

Environmental Scanning

The process of systematically collecting information about external factors that can impact an organization's success.

Preannounced

The act of informing the public or specific groups about a product, event, or decision before it officially happens.

News Monitoring

The practice of tracking media content to evaluate how news is covered and managed across various platforms.