Firms keep supplies of inventory for which of the following reasons?
A) To maintain dependence of operations
B) To provide a feeling of security for the workforce
C) To meet variation in product demand
D) To hedge against wage increases
E) In case the supplier changes the design

Question

Quizplus · Accepted Answer

Firms keep supplies of inventory to meet variation in product demand. This allows them to have enough stock to meet customer demand without having to delay orders or production.

Firms Keep Supplies of Inventory for Which of the Following