Effective inventory management builds up assets through increases in inventory and thus increases a firm's value.

Name: Effective inventory management builds up assets through increases in inventory and thus increases a firm's value.
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Question

Quizplus · Accepted Answer

Effective inventory management aims to minimize holding costs and reduce excess inventory, thereby optimizing the balance between inventory levels and customer demand, not merely increasing inventory to build up assets.

Effective Inventory Management Builds Up Assets Through Increases in Inventory