__________ is the process of ensuring that inventory is only big enough to meet immediate needs.
A) Financial planning
B) Management control
C) Inventory control
D) Direct control

Question

Quizplus · Accepted Answer

Inventory control is the process of managing and regulating inventory levels to ensure that there is enough inventory to meet immediate needs, but not so much that excess inventory becomes a financial burden. This process involves tracking inventory levels, forecasting demand, and implementing inventory management strategies to minimize excess inventory and optimize stock levels.

__________ Is the Process of Ensuring That Inventory Is Only