The goal of inventory management is to:
A)hold down costs and maintain accurate levels of inventory
B)buy as much as possible
C)hold as much as possible in stock
D)always buy the cheapest raw material
E)maintain quality control

Question

Quizplus · Accepted Answer

The primary goal of inventory management is to minimize costs associated with holding inventory while ensuring there is enough stock to meet demand without overstocking. This involves maintaining accurate inventory levels to avoid shortages and excesses.

The Goal of Inventory Management Is To