Inventory position is defined as
A) ending inventory + outstanding orders
B) ending inventory − backorders
C) outstanding orders − on hand inventory
D) ending inventory

Question

Quizplus · Accepted Answer

Inventory position is the amount of inventory currently available plus the quantity of inventory that is expected to be received through outstanding orders, which is represented by the formula A (ending inventory + outstanding orders). The other choices do not include outstanding orders.

Inventory Position Is Defined as