____ refers to stocks of goods and materials that are maintained for many purposes,the most common being to satisfy normal demand patterns.
A)Logistics
B)Supply chain management
C)Inventory
D)Production

Question

Quizplus · Accepted Answer

Inventory refers to stocks of goods and materials that are maintained for various purposes. It includes finished products as well as inputs to assembly or production processes. Logistics involves the movement and storage of goods, supply chain management involves the coordination of activities involved in creating and delivering goods and services, and production involves the creation of goods and services.

____ Refers to Stocks of Goods and Materials That Are