The beginning inventory for any time period is equal to _____________________________________.
A) safety stock plus gross requirements from the previous period
B) scheduled receipts plus projected available quantity
C) planned orders plus scheduled orders
D) projected available quantity from at the end of the previous period
E) gross requirements less scheduled orders

Question

Quizplus · Accepted Answer

The beginning inventory is the projected available quantity at the end of the previous period, which is the inventory left over from the previous period after deducting any gross requirements and scheduled orders. Therefore, option D is the correct answer.

The Beginning Inventory for Any Time Period Is Equal to _____________________________________