Question: BUSI 2 1 1 3 | UNIT 9 | INVENTORY MANAGEMENT PROBABILISTIC MODELS AND SAFETY STOCK The purpose of safety stock is to: A Replace

BUSI 2113| UNIT 9| INVENTORY MANAGEMENT PROBABILISTIC MODELS AND SAFETY STOCK
The purpose of safety stock is to:
A Replace failed units with good ones
B Eliminate the possibility of a stockout
Eliminate the likelihood of a stockout due to erroneous inventory tally
Control the likelihood of a stockout due to variable demand and/or lead time
E Protect the firm from a sudden decrease in demand
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BUSI 2113| UNIT 9| INVENTORY MANAGEMENT PROBABILISTIC MODELS AND SAFETY STOCK

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