The leftover inventory from previous periods that is available at the start of a period is called ______.
A)leftover inventory
B)projected available balance
C)on-hand inventory
D)available to promise

Question

Quizplus · Accepted Answer

The term "on-hand inventory" refers to the inventory that is available at the beginning of a period, and not yet allocated for any specific purpose. This is also known as opening stock or beginning inventory. Choice A ("leftover inventory") is not a commonly used term in inventory management, Choice B ("projected available balance") refers to the forecasted inventory balance at the end of a period after considering sales and production, and Choice D ("available to promise") refers to the amount of inventory that can be promised to customers for delivery on a specific date.

The Leftover Inventory from Previous Periods That Is Available at the Start