A stock of inventory relieves the pressure on the production system to get the goods out. This causes longer lead times, which permit production planning for smoother flow and lower-cost operation through larger lot-size production. This is called O a. allowing flexibility in produciton scheduling b. meeting variation in product demand Oc. maintaining independence of operations Od. providing safeguard for variation in raw material delivery time Question 7 A firm will outsource its activities, if a. required information is highly codified and standardized Ob. assets are commonly available from a large number of potential suppliers Oc. it is difficult to imitate their technology d. all of the above > A Moving to the next question prevents changes to this