Which one of the six functions of inventory do you think is, Ask an Expert

Management Studies

Which one of the six functions of inventory do you think is the most difficult for an organization to manage or to attain?

• Maintain independence of operations,

• Meet variation in product demand,

• Allow flexibility in production schedule

• Provide safeguard for variation in raw materials delivery time

• Advantage of economic purchase order size, larger order transfer in lower price.

• Other domain specific reasons, many situations where inventory is in transit, anticipated raw materials price changes.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93120825

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