Which of the following is not a suggested method for estimating and managing safety inventory in practice?

Question

Quizplus · Accepted Answer

Increasing safety inventories should not be the sole focus for managing safety inventory. It is important to consider various factors such as demand variability, lead times, and supplier performance to determine appropriate inventory policies. Adjusting inventory policies for seasonal demand, monitoring service levels, and using simulation to test inventory policies are all recommended methods for estimating and managing safety inventory in practice.

Which of the Following Is Not a Suggested Method for Estimating