__________is inventory that results from purchasing or producing in larger lots than are needed for immediate consumption or sale.
A) Finished-goods inventory
B) Stockout inventory
C) Cycle inventory
D) Work-in-process inventory

Question

Quizplus · Accepted Answer

Cycle inventory is the inventory that results from purchasing or producing in larger lots than are needed for immediate consumption or sale. It is also known as lot size inventory. Finished-goods inventory refers to the completed products waiting for customers to purchase, stockout inventory is the inventory that is out of stock, and work-in-process inventory refers to the products in the manufacturing process.

__________Is Inventory That Results from Purchasing or Producing in Larger