In: Operations Management
Your company manages about 500 stock-keeping units. Of this 25 of the items are very expensive and require close control by operations personnel. These items most likely represent which type of inventory? (Points : 3.03) |
a. D
b. C
c. B
d. A
The answer is d.
Reason : If these minority of stocked items need close control and are particularly expensive, then they should have a secure and well-monitored storage with frequent inventory checks in order to avoid losses. If the company chord to carry such items in their larger inventory there is a reason behind it, which is probably related to good revenue regarding the sales of these items, so keeping up with stock levels and reorders is a must when it comes to sales and proper stocking of A-items.