The principal objective of inventory management is to maximize customer service levels by ensuring items are available at all times.

Name: The principal objective of inventory management is to maximize customer service levels by ensuring items are available at all times.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The principal objective of inventory management is to balance the competing requirements of maximizing customer service levels by ensuring items are available when needed and minimizing the costs associated with holding inventory.

The Principal Objective of Inventory Management Is to Maximize Customer