Choose the incorrect choice regarding the descriptions of the primary functions of inventories.
1)Pipeline inventory: inventories traveling from one location to another
2)Seasonal inventories: inventories accumulated during low sales periods and depleted during high usage periods
3)Safety stocks: inventories used to absorb random demand uncertainties

Question

Quizplus · Accepted Answer

The descriptions provided for pipeline inventory, seasonal inventories, and safety stocks are all accurate. Pipeline inventory refers to goods in transit, seasonal inventories are held to manage demand fluctuations over different periods, and safety stocks are maintained to buffer against demand uncertainties.

Choose the Incorrect Choice Regarding the Descriptions of the Primary