Perishable inventory requires
A) heating and newspapers
B) well-designed and highly accurate forecasting
C) entities that can be converted, digitalized, and stored
D) none of the above

Question

Quizplus · Accepted Answer

Perishable inventory refers to items that have a limited shelf life and can spoil or expire quickly, such as food products. Proper management of perishable inventory requires accurate forecasting to ensure that the right amount of inventory is available and sold before it spoils. This helps prevent unnecessary waste and can help improve profitability for businesses. Heating and newspapers (A) would not be relevant to managing perishable inventory, and entities that can be converted, digitalized, and stored (C) may be relevant to other aspects of inventory management but not specifically to perishable inventory. Therefore, the best choice is B.

Perishable Inventory Requires