What items are often kept in inventory for a service company?

Question

Quizplus · Accepted Answer

MRO stands for maintenance, repair, and operations, and these items are often kept in inventory for service companies. Service companies may also keep inventory of supplies and materials needed to complete their services, such as cleaning supplies for a janitorial service or equipment for a landscaping company. However, options B through E are not typically associated with inventory for service companies. RFID is a technology used for tracking inventory, EOQ stands for economic order quantity and is a calculation used to determine the optimal order quantity for an item in inventory, QFD stands for quality function deployment and is a methodology for product design, and ROP stands for reorder point and is the level of inventory at which an order should be placed to replenish stock.

What Items Are Often Kept in Inventory for a Service