Inventory position is defined as
A) the amount of inventory on hand in excess of expected demand.
B) the amount of inventory on hand.
C) the amount of inventory on hand plus the amount of inventory on order.
D) None of the alternatives is correct.

Question

Quizplus · Accepted Answer

Inventory position is the sum of the inventory on hand and the inventory on order, reflecting the total inventory available to meet demand.

Inventory Position Is Defined as