A High Level of Product Availability Requires

question 48

Multiple Choice

A high level of product availability requires

• A)large inventories and tends to raise costs for the supply chain.
• B)large inventories and tends to reduce costs for the supply chain.
• C)small inventories and tends to raise costs for the supply chain.
• D)small inventories and tends to reduce costs for the supply chain.

---

Definitions:

Theories

Systematically organized principles or explanations proposed to understand phenomena or aspects of the real world.

Approximation

A value or quantity that is nearly but not exactly correct, often used in mathematical and scientific contexts.

Known Facts

Information or details that have been confirmed to be true through evidence or research.

Proven Correct

Demonstrated to be true or accurate through evidence or logical reasoning.