The primary goals of inventory management do not include:
A)maintaining a sufficient quantity of inventory to keep customers satisfied.
B)maintaining sufficient quality of inventory to keep customers satisfied.
C)minimizing the costs associated with maintaining inventories.
D)maintaining a large inventory for long periods.

Question

Quizplus · Accepted Answer

Maintaining a large inventory for long periods is not a goal of inventory management, as it increases the costs associated with inventory holding and can lead to inventory becoming obsolete, spoilt, or outdated. The primary goals of inventory management include maintaining a sufficient quantity and quality of inventory to keep customers satisfied, while minimizing the costs associated with inventory maintenance.

The Primary Goals of Inventory Management Do Not Include