2. Inventory is one of the items under current assets but it is less liquid as...

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2. Inventory is one of the items under current assets but it is less liquid as compared to other assets such as cash and accounts receivable. (a) Discuss the issues that need to be considered by a store supervisor in managing and controlling inventory of a business. (b) "Every business constantly strives to maintain optimum inventory to be able to meet its requirements and avoid over or under inventory." Why would firms try to avoid over or under inventory? Discuss. (10) (10) (Total / Jumlah: 20 ) 2. Inventory is one of the items under current assets but it is less liquid as compared to other assets such as cash and accounts receivable. (a) Discuss the issues that need to be considered by a store supervisor in managing and controlling inventory of a business. (b) "Every business constantly strives to maintain optimum inventory to be able to meet its requirements and avoid over or under inventory." Why would firms try to avoid over or under inventory? Discuss. (10) (10) (Total / Jumlah: 20 )

Answer rating: 100% (QA)

a Issues to consider in managing and controlling inventory Demand forecasting The store supervisor needs to accurately forecast customer demand to ensure that the right amount of inventory is availabl... View the full answer