A(n)_____ is an amount of inventory carried to ensure that a business will not run out of inventory because of fluctuating levels of sales.
A) micro inventory
B) safety stock
C) just-in-time inventory
D) perpetual inventory

Question

Quizplus · Accepted Answer

Safety stock is an extra amount of inventory that a business carries to prevent running out of stock due to unexpected or fluctuating sales patterns. Micro inventory refers to tracking inventory on a small scale level. Just-in-time inventory is a system where the inventory is ordered and received just-in-time for when it is needed. Perpetual inventory refers to the continuous tracking of inventory levels.

A(n)_____ Is an Amount of Inventory Carried to Ensure That