Seasonal inventory should be used when a company can rapidly change the rate of its production system
Question:
Seasonal inventory should be used when
a company can rapidly change the rate of its production system at a very low cost.
changing the rate of production is expensive (e.g. when workers must be hired or fired).
adjusting to a period of low demand without incurring large costs.
the world is perfectly predictable.
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Related Book For
Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
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