Question: Inventory is a necessary evil because ? ( click all that apply ) Service operations can't survive without inventory It acts as a buffer against

Inventory is a necessary evil because ?(click all that apply)
Service operations can't survive without inventory
It acts as a buffer against several types of variability
There is no business cost to holding inventory
The cost of a stock out is generally higher than the cost of holding inventoryHi
Inventory is a necessary evil because ?(click all that apply) Service

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Question 12 1.5 pts Consider a business that can be run using a make-to-stock or make-to-order process. Further suppose that your demand is 10,000 units per month and is equally spread out during the...

Q:

Unit 2: Designing the Operations Designing the operations of an organization or your department - precedes operational management. For .ll _ . example, suppose a wallet manufacture's mission is to '...

Q:

Spend analysis Stock-keeping unit (SKU) 10 Three-way match Utilization ty Images; @ monsity/ Getty Images Vendor master health care? iency? CHAPTER 17 applied, and what are the steps to fol-...

Q:

ORGANIZ/fIION DE\\IELOPMENT 4t XieS&r& L:rlt ttttrc DONALD R.BRO\\MN i',ii+ir+,::':i'i Organlzation Renewal: The Challenge-of Change LEARNING OBJECTIVES Upon completing this chapter, you will be able...

Q:

Why an international code of business ethics would be good for business Journal of Business Ethics; Dordrecht; Jan 1998; Larry R Smeltzer Marianne M Jennings Source (subtitle): Volume: Issue: Start...

Q:

PROJ6000: Principles of Project Management Assessment Assessment 2 - this is actually a case study and its called a Individual Report: PMBoK versus PRINCE2 or Agile in contemporary projects . so one...

Q:

PROJ6000: Principles of Project Management Assessment Assessment 2 - this is actually a case study and its called a Individual Report: PMBoK versus PRINCE2 or Agile in contemporary projects . so one...

Q:

U.S. Copyright Law (title 17 of U.S. code) governs the reproduction and redistribution of copyrighted material. Downloading this document for the purpose of redistribution is prohibited. Chapter 15...

Q:

I. INTRODUCTION In the upcoming pages of this article, Working Capital and its related concepts are discussed in a vivid manner for a clear understanding of the vital business aspect. The prime...

Q:

ATC 14-1 (Pg. 686) 1.(Follow the cash) In a narrative format, answer the questions posed in the case. 2.What is meant by "presentation of financial statement information in common-size amounts rather...

Q:

At December 31, 2010, the balance sheet of Meca International included the following shareholders' equity accounts: Required: Assuming that Meca International views its share buybacks as treasury...

Q:

Q3 SSTables 4 Points Select all of the following statements about SSTables that are true (there may be multiple true statements): (key, value) entries in an SSTable are sorted by value Each key can...

Q:

The cash ledger of Huda Sdn Bhd for November 2 0 2 4 reflects the following: \ table [ [ Cash Account ] , [ 2 0 2 4 , , Chq , , 2 0 2 4 , , Chq , ] , [ Nov , , No , RM , Nov,,No , RM ] , [ 1 , Bal b...

Q:

harold filed his 2018 return on June 21, 2019. he had a valid extension. under ordinary circumstances. what is the last day he can file an amended 2018 return to receive a refund of taxes paid?