Which of the Following Statements About Inventory and Storage Is

question 64

Multiple Choice

Which of the following statements about inventory and storage is true?

• A)A distribution center is used to avoid unnecessary storing costs.
• B)Only government agencies can store products in public warehouses.
• C)Decisions about inventory levels are usually not of concern to marketing managers,as inventory levels are best determined based on the amount of the product produced.
• D)Achieving customer service goals makes a large inventory almost inevitable.
• E)Minimizing storage costs will lead to lower total distribution costs.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and in the creation of gadgets and services.

Human Resource Strategy

A plan detailing how a company will manage and develop its workforce to align with its business goals and objectives.

Location

The specific place or position where something exists or is situated.

Hackman and Oldham's

A theory of job enrichment that suggests five job characteristics that, when present, increase job satisfaction and performance.