What Is the Average Amount of Inventory Held to Satisfy

question 59

Multiple Choice

What is the average amount of inventory held to satisfy customer demands between inventory deliveries?

• A) Safety inventory
• B) Cycle inventory
• C) Performance inventory
• D) Capacity inventory

---

Definitions:

Representative Sample

A subgroup of a population that accurately reflects the members of the entire population, enabling statistically valid conclusions.

Random Sample

A subset of a population selected for a study or survey in which each member has an equal chance of being chosen, ensuring the results are statistically representative of the whole.

Convenience Sample

A non-probability sampling method where the sample is taken from a group of people easy to contact or to reach.

Longitudinal Sample

A research sample that is observed over a long period of time to track changes and developments in the subjects.