Which of the Following Is Not a Function of Inventory

question 57

Multiple Choice

Which of the following is not a function of inventory?

• A) to decouple or separate parts of the production process
• B) to decouple the firm from fluctuations in demand and provide a stock of goods that will provide a selection for customers
• C) to take advantage of quantity discounts
• D) to hedge against inflation
• E) to double the amount of safety stock

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Definitions:

Organizational Analysis

A method of assessing the performance, structure, processes, and environment of an organization to identify areas of improvement or adaptation.

Needs Analysis

Needs Analysis is a process of identifying and evaluating the requirements or gaps within an organization or system to determine necessary actions or solutions.

IT Selection

The process of choosing the appropriate information technology systems and tools that meet the unique needs and objectives of an organization.

Dashboards

Interactive and visual display panels that consolidate and present data in real-time, allowing users to monitor and analyze information efficiently.