Which of the following statements about inventory control is TRUE?
A) Too little inventory may lead to opportunity costs in the form of missed sales.
B) Too much inventory may reduce profitability due to increased financing and storage costs.
C) Seasonality in sales may require a firm to hold different levels of inventory throughout the year.
D) All of the statements about inventory control are true.
ANSWER
D
Place an order in 3 easy steps. Takes less than 5 mins.