The Advantages of Stockpiling Include All Except

question 89

Multiple Choice

The advantages of stockpiling include all except:

• A) protection against disruptions in production.
• B) carrying costs of huge inventories.
• C) reduced threats of disrupted supplies.
• D) not running out of needed parts.

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Definitions:

Prices

The sum of money anticipated, needed, or provided as payment for an item.

Utility Function

A mathematical representation that ranks preferences over a set of goods and services, showing the level of satisfaction or utility a consumer receives.

Income

Revenue received, on a consistent basis, from occupational or investment sources.

Preferences

Preferences refer to an individual's subjective tastes or desires, ranking goods or outcomes in order of choice or desirability in decision making or consumption.