The primary goals of inventory managers are to ensure
A)a sufficient quantity at reasonable costs,while maximizing quality.
B)a sufficient quality at reasonable costs,while maximizing quantity.
C)a sufficient quantity and quality,while minimizing costs.
D)None of the choices are correct.

Question

Quizplus · Accepted Answer

The primary goals of inventory managers are to balance the need for sufficient quantity and quality with the need to minimize costs. This ensures that inventory is available when needed, but also not overstocked, which can lead to storage and maintenance costs. Additionally, by minimizing costs, the organization can increase profitability and remain competitive. Therefore, option C is the best choice as it balances both quantity and quality with cost minimization.

The Primary Goals of Inventory Managers Are to Ensure