Substitution in inventories only occurs when __________.
A)Suppliers make the decision to substitute
B)Customers make the decision to substitute
C)Manufacturers make the decisions to substitute
D)All of the above.

Question

Quizplus · Accepted Answer

Substitution in inventories occurs when suppliers, manufacturers, or customers make the decision to substitute. For example, the manufacturer will typically substitute a higher value product for a lower value product, or the customer will perform substitution if he finds Product A unavailable by replacing it with Product B.

Substitution in Inventories Only Occurs When __________