Two main concerns of inventory control relate to the costs and the level of customer service

Name: Two main concerns of inventory control relate to the costs and the level of customer service
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inventory control involves balancing the costs of holding inventory (such as storage and opportunity costs) with the need to maintain a sufficient level of stock to meet customer demand and provide good customer service. Therefore, the two main concerns are indeed related to costs and customer service.

Two Main Concerns of Inventory Control Relate to the Costs