Which of the Following Factors Is Not Relevant to the Decision

question 26

Multiple Choice

Which of the following factors is not relevant to the decision about which inventory management technique to employ?

• A)The nature of the inventory item.
• B)The demand for the inventory item.
• C)The extent of computerisation in the warehouse.
• D)The availability of raw materials.

---

Definitions:

Aggregate Plan

A process in operations management used to develop, analyze, and maintain a preliminary, approximate schedule of the overall operations of an organization.

Chase Strategy

A planning strategy used in production management where production rates are adjusted in response to changes in demand, aiming to match supply with demand as closely as possible.

Production Rate

The speed at which goods are manufactured within a specified time period.

Demand Rate

The rate at which goods or services are required or consumed by the market or a specific customer over a given time period.