Which one of the following is a system for managing demand-dependent inventories that minimizes the inventory levels of a firm?
A)just-in-time inventory
B)turnover planning
C)net working capital planning
D)inventory scoring
E)inventory ranking

Question

Quizplus · Accepted Answer

Just-in-time inventory is a system for managing demand-dependent inventories that focuses on minimizing inventory levels by receiving inventory just in time for production or sale. This approach can reduce storage costs and the risk of dead inventory, leading to more efficient and profitable operations. Turnover planning, net working capital planning, inventory scoring, and inventory ranking are also important inventory management concepts, but they do not specifically prioritize minimizing inventory levels like just-in-time inventory does.

Which One of the Following Is a System for Managing