Which of the following strategies should a company pursue concerning its inventory? a. Maintain an inventory stock
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Which of the following strategies should a company pursue concerning its inventory?
a. Maintain an inventory stock much higher than anticipated demand so that there is virtually no risk of running out of inventory.
b. Maintain an inventory stock lower than anticipated demand so as to avoid the high costs of carrying it.
c. Attempt to strike a balance between maintaining a sufficient amount of inventory to meet demand and incurring the high cost of carrying it.
d. none of the above
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Related Book For
Financial Accounting The Impact On Decision Makers
ISBN: 9780324655230
6th Edition
Authors: Gary A. Porter, Curtis L. Norton
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