Inventory _________ is a method that determines the location and optimal level of inven?tory in the supply chain.
A)optimization
B)planning
C)positioning
D)distribution
E)management

Question

Quizplus · Accepted Answer

Inventory optimization is the process of finding the right balance between having too much inventory, which can lead to unnecessary holding costs, and having too little, which can result in stockouts and lost sales. It involves using mathematical models and algorithms to determine the optimal inventory levels and locations in the supply chain.

Inventory _________ Is a Method That Determines the Location and Optimal