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The Goal of Inventory Management Is To

Question 66

Multiple Choice
The goal of inventory management is to:

The goal of inventory management is to:


A) minimize inventory levels while maintaining an adequate supply of goods to meet customer demands.
B) maximize inventory levels to prevent any possibility of stockouts.
C) determine order timing and order quantity.
D) estimate proper usage rates.
E) integrate JIT to reduce risks of obsolescence, theft, and damage.

Correct Answer:

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