Asked by
jesse chirino
on Nov 30, 2024
Verified
Seasonal inventory should be used when
A) a company can rapidly change the rate of its production system at a very low cost.
B) changing the rate of production is expensive (e.g. ,when workers must be hired or fired) .
C) adjusting to a period of low demand without incurring large costs.
D) the world is perfectly predictable.
Seasonal Inventory
Goods or materials stocked in anticipation of seasonal demand variations.
Production System
A system that encompasses all activities required to create a product or service, from raw materials procurement to final output.
Low Demand
A situation characterized by a reduced desire or need for products or services in the market.
- Distinguish between various inventory categories and their respective roles in the supply chain management process.
- Identify approaches to mitigate fluctuations in demand and enhance adaptability in the supply chain.
Verified Answer
RE
Learning Objectives
- Distinguish between various inventory categories and their respective roles in the supply chain management process.
- Identify approaches to mitigate fluctuations in demand and enhance adaptability in the supply chain.