Holding inventory that is not needed very soon is seen as ________ because it adds cost but not value.
A)Lean
B)Stockout
C)Safety stock
D)Waste

Question

Quizplus · Accepted Answer

Holding inventory that is not needed soon adds cost to the company in terms of storage, handling, and management. However, it does not add any value to the products or services offered, making it a form of waste. This goes against the principles of lean management and just-in-time production, where inventory is minimized as much as possible to increase efficiency and reduce waste.

Holding Inventory That Is Not Needed Very Soon Is Seen