Which of the following is a goal of inventory management?
A) selection of the most effective mode of transportation
B) efficient handling and distribution of goods
C) maintaining low inventory while minimizing stock-outs
D) ensuring maximum inventory to avoid stock-outs

Question

Quizplus · Accepted Answer

The goal of inventory management is to maintain low inventory levels while minimizing stock-outs, ensuring that the business can meet demand without holding excessive stock, which ties up capital and incurs storage costs.

Which of the Following Is a Goal of Inventory Management