Which of the Following Is Not a Primary Goal of Inventory

question 203

Multiple Choice

Which of the following is not a primary goal of inventory management?

• A)Obtaining the lowest cost of inventory.
• B)Ensuring sufficient quantities of inventory are available to meet customers' needs.
• C)Ensuring inventory quality meets customers' expectations and company standards.
• D)Minimizing the costs of acquiring and carrying inventory.

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Definitions:

Highly Salient

Something that stands out conspicuously or is most noticeable in a particular context.

Primacy Effect

The inclination to recall information more effectively when it's introduced initially than when it comes later.

Upward Counterfactuals

Hypothetical scenarios that individuals imagine which are better than what actually happened, often used in reflecting on past events.

Downward Counterfactual

Thinking about how a situation could have been worse, often leading to feelings of relief or contentment.