The average amount of inventory used to satisfy demand between receipt of supplier shipments is referred to as
A) cycle inventory.
B) safety inventory.
C) seasonal inventory.
D) sourcing.
E) none of the above

Question

Quizplus · Accepted Answer

The average amount of inventory used to satisfy demand between receipt of supplier shipments is referred to as cycle inventory. Safety inventory refers to extra inventory held to protect against stockouts, while seasonal inventory is held as a buffer for anticipated changes in demand. Sourcing refers to the process of finding suppliers for goods or services.

The Average Amount of Inventory Used to Satisfy Demand Between