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Kevin Guzman
on Oct 18, 2024

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The inventory that is built up to counter predictable variability in demand is called

A) cycle inventory.
B) safety inventory.
C) seasonal inventory.
D) sourcing.

Seasonal Inventory

Stock that is held in anticipation of seasonal peaks in demand, ensuring that a business can meet customer needs during specific times of the year.

Cycle Inventory

Cycle inventory refers to the quantity of goods a company holds to meet average demand during a specific period, part of the inventory management to balance supply and demand.

Predictable Variability

The expected fluctuations in demand or supply that can be anticipated and planned for based on historical data or trends.

  • Identify different types of inventory and their purposes within the supply chain.
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Angelica GeorgesOct 23, 2024
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