Although Lower Inventories and a Just-In-Time Approach Receive Considerable Attention

question 9

Essay

Although lower inventories and a just-in-time approach receive considerable attention in the business media, some organizations prefer high levels of inventory. Why would they want to hold a large inventory?

---

Definitions:

Psychological Maladjustment

A state of being poorly or inadequately adjusted to environmental demands, often leading to distress or dysfunction.

Less Realistic

Describes an approach or expectation that might not accurately reflect actual circumstances or possibilities.

Appraisal of Coping Resources

The evaluation of the resources and strategies an individual has available to manage stress and challenges.

Acquiring Self-control

The process of developing the ability to regulate one's thoughts, emotions, and actions in the pursuit of long-term goals.