Which of the following is not a primary goal of inventory management?
A)Obtaining the lowest cost of inventory.
B)Ensuring sufficient quantities of inventory are available to meet customers' needs.
C)Ensuring inventory quality meets customers' expectations and company standards.
D)Minimizing the costs of acquiring and carrying inventory.

Question

Quizplus · Accepted Answer

Obtaining the lowest cost of inventory is frequently counterproductive.It may mean having lower quality than customer expectations.In addition,it may result from having extremely large production,runs which requires unusually large quantities of items to be warehoused at a large expense to a company.

Which of the Following Is Not a Primary Goal of Inventory