An operations strategy for inventory management should work toward
A)increasing lot sizes.
B)decreasing lot sizes.
C)increasing safety stocks.
D)decreasing service levels.
E)increasing order quantities.

Question

Quizplus · Accepted Answer

Decreasing lot sizes is a strategy in inventory management that can lead to reduced inventory levels, increased flexibility, and lower carrying costs, aligning with lean management principles and improving operational efficiency.

An Operations Strategy for Inventory Management Should Work Toward