Which of the following is not included in the importance of inventory control?Select one:a.Demand fluctuations are tide down.b.Quantity discount is gained.c.Lost sales are avoided.d.Order cost is increased.
Question
Which of the following is not included in the importance of inventory control?Select one:a.Demand fluctuations are tide down.b.Quantity discount is gained.c.Lost sales are avoided.d.Order cost is increased.
Solution
The correct answer is:
d. Order cost is increased.
This is not included in the importance of inventory control. In fact, one of the main goals of inventory control is to reduce order costs, not increase them. Therefore, this option does not align with the objectives of inventory control.
Similar Questions
Which of the following is not affected by decisions about how much inventory to hold?a.ordering costsb.holding costsc.item costsd.depreciatione.stockout costs
Which of the following is not affected by decisions about how much inventory to hold?
Which of the following is not a factor to affect the size of the inventory?Group of answer choicesHolding cost of inventorySales volumeFrequency of orderDiscount offered from the suppliersNone of the above
Which inventory function helps firms garner quantity discounts?a.lot-size inventoryb.anticipation inventoryc.speculative inventoryd.fluctuation inventorye.transportation inventory
Which is the best form of inventory control for inventory?Group of answer choicesDocument procedures.Use a perpetual inventory system.Establish responsibility.Use a periodic inventory system.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.