Question: Inventory management involves: A: determining the right level of inventory that minimises the cost of carrying stock. B: determining the right level of inventory that
Inventory management involves:
A: determining the right level of inventory that minimises the cost of carrying stock.
B: determining the right level of inventory that minimises carrying costs and reduces the chance of being out of stock.
C: determining the right level of inventory that minimises the possibility of losing customers due to no stock on hand.
D: determining the optimum level of inventory to satisfy customer demand.
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