If we can ignore marketing and production costs,the firm can increase inventory management efficiency by

Question

Quizplus · Accepted Answer

Increasing inventory levels would result in higher carrying costs and potential inventory obsolescence. Increasing a firm's investment in inventory would also increase carrying costs and tie up financial resources. Decreasing inventory levels would improve inventory turnover and reduce carrying costs, leading to higher efficiency in inventory management.

If We Can Ignore Marketing and Production Costs,the Firm Can