Which of the Following Is a Function of Inventory

question 120

Multiple Choice

Which of the following is a function of inventory?

• A)to decouple various parts of the production process
• B)to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand
• C)to take advantage of quantity discounts
• D)to hedge against inflation
• E)All of the above are functions of inventory.

---

Definitions:

Sense of Wonder

A feeling of awe and curiosity about the world, often associated with the exploration or discovery of something novel or extraordinary.

Engrossing

Capturing one's full attention; fascinating or absorbing.

Flow

A psychological state of complete immersion and focused concentration in an activity, often resulting in a loss of the sense of time.

Measurably Happier

A state in which an individual's happiness or well-being can be quantitatively assessed or increased.