BUISENESS MANAGEMENT
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is used to find and maintain inventory levels that are neither too small nor too large.
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Planning purchases
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Inventory management
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Inventory control
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Managing purchases
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Explanation:
Detailed explanation-1: -Inventory management is the entire process of managing inventories from raw materials to finished products.
Detailed explanation-2: -The 4 Types of Inventory Management The types of inventory management are Raw Materials, Works-In-Process, Maintenance, Repair and Operations or MRO and Finished Goods.
There is 1 question to complete.