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.

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Definitions:

Advantages and Disadvantages

The positive and negative aspects or outcomes associated with a particular choice, decision, or action.

Clinical Psychologists

are professionals specializing in diagnosing and treating mental health disorders, utilizing a variety of therapy methods and psychological tests.

Nonclinical Areas

Fields or specialties within health and psychology that do not involve direct patient care or treatment.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make a contribution to their community.