Safety inventory is defined as: a) inventory used as a buffer to absorb seasonal fluctuations of

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Safety inventory is defined as:

a) inventory used as a buffer to absorb seasonal fluctuations of supply and demand

b) inventory that arises because of batching decisions

c) inventory used to insulate the process from surges in demand

d) Inventory to safely allow the firm to profit from probably changes in the market prices of inputs or outputs.

Related Book For answer-question

Operations Management Processes And Supply Chains

ISBN: 9781292409863

13th Global Edition

Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman

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Posted Date: Dec 22, 2023 08:21 AM

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Safety inventory is defined as: a) inventory used as a buffer to absorb seasonal fluctuations of

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The detailed answer for the above question is provided below c Inventory used to insulate the proces... View the full answer

Operations Management Processes And Supply Chains

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