Which of the following is an approach that firms can use when managing inventory to meet predictable demand variability?

Question

Quizplus · Accepted Answer

Using common components across multiple products allows for better management of inventory because it reduces the number of unique parts needed for each product, which in turn simplifies the supply chain and makes it easier to manage inventory levels. This approach can help to meet predictable demand variability because it allows for greater flexibility in production and reduces the risk of stockouts or excess inventory. The other choices listed (A, B, and C) are not directly related to managing inventory to meet demand variability.

Which of the Following Is an Approach That Firms Can