Answer the following question(s)using the information below:
The following information has been gathered for Product A:

-The inventory that is held to offset unexpected increases in demand or lead time and unexpected unavailability of stock from suppliers is primarily known as
A)inventory stock.
B)over-supply stock.
C)safety stock.
D)surplus stock.
E)obsolete stock.

Question

Answer the following question(s)using the information below:
The following information has been gathered for Product A:
 
-The inventory that is held to offset unexpected increases in demand or lead time and unexpected unavailability of stock from suppliers is primarily known as
A)inventory stock. 
B)over-supply stock. 
C)safety stock. 
D)surplus stock. 
E)obsolete stock.

Quizplus · Accepted Answer

The information provided ("unexpected increases in demand or lead time and unexpected unavailability of stock from suppliers") indicates that the inventory being referred to is safety stock, which is held as a buffer to prevent stockouts or delays in production.

Answer the Following Question(s)using the Information Below