Inventory Management MCQs

A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ____

April 28, 2022

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A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ____

Q. A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ____.

A. inventory

B. lot size

C. safety stock

D. lead

Answer: safety stock

A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ____

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Which among the following is a quantity of a specific item that is ordered from the supplier and issued as a standard quantity to the production process?

A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ____

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The price reductions offered to customers for large orders, to encourage them to purchase in large quantities is known as

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