Maintaining inventory has two aspects⎯the business does not want to run out of supplies or products for the customers,but inventory represents money sitting idly on a shelf.

Name: Maintaining inventory has two aspects⎯the business does not want to run out of supplies or products for the customers,but inventory represents money sitting idly on a shelf.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Maintaining inventory involves balancing the need to meet customer demand without overstocking, which ties up capital.

Maintaining Inventory Has Two Aspects⎯the Business Does Not Want to Run