Inventory maximization is a method that determines the location and optimal level of inven?tory in the supply chain.

Question

Quizplus · Accepted Answer

Inventory maximization is not a method for determining the optimal level or location of inventory; rather, inventory optimization is the correct term for methods aimed at determining the ideal inventory levels and locations within the supply chain to balance costs with service levels.

Inventory Maximization Is a Method That Determines the Location and Optimal