_____ inventories are used to buffer differences in the rates of flow through the various production processes.
A) Raw material
B) Production standard
C) In-process
D) Continuous flow
E) Finished-goods

Question

Quizplus · Accepted Answer

In-process inventories are used to buffer differences in the rates of flow through various production processes. They help ensure that all stages of production have the materials they need to keep up with demand, even if some stages of production are operating at a slower or faster rate than others. Raw material and finished-goods inventories are not specifically designed for this purpose, and production standard and continuous flow inventories are not types of inventories.

_____ Inventories Are Used to Buffer Differences in the Rates