A high level of product availability requires
A)large inventories and tends to raise costs for the supply chain.
B)large inventories and tends to reduce costs for the supply chain.
C)small inventories and tends to raise costs for the supply chain.
D)small inventories and tends to reduce costs for the supply chain.

Question

Quizplus · Accepted Answer

Maintaining a high level of product availability typically necessitates keeping large inventories to ensure that demand can be met promptly. However, this approach increases the costs associated with storage, insurance, and potential obsolescence for the supply chain.

A High Level of Product Availability Requires