Many organisations hold safety stocks as part of their inventory. Which of the following is a reason for holding safety stocks?

Question

A. To improve stock holding levels

B. To improve stock accuracy levels

C. To cater for demand forecast errors

D. To cater for a large storage capacity

Jose Miguel Lucas Martins · Answer

Option C) is the correct one

Mohammed Fathe Shaheem · Answer

C--------------------------------- CATER FOR DEMAND FORECAST ERRORS.

Jersh On Repolidon · Answer

The answer is to cater forecast error.

Ani Kuriakose · Answer

Safety stocks are held to meet demand in the eventuality of demand forecast errors and/or supply delays or disruptions.

In a perfect world safety stock would not be needed and all supplies would be JIT. But we dont live in a perfect world and JIT cannot be applied to all markets or industries which is why safety stock is needed.

Ahmed Hassan Ahmed Mohamed · Answer

c>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Salvatore Augello · Answer

Answer C °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°

Nancy Refai · Answer

safety stock is needed to cater forcast errors

Wasi Rahman Sheikh · Answer

Answer will be option C) <<<<<<<<<<<<<<<<<<<<<<<<<<<<

Vinod Jetley · Answer

C. To cater for demand forecast errors

Emad Mohammed said abdalla · Answer

>>>>>>>>>>>> C. To cater for demand forecast errors >>>>>>>>>>>>>>

Nasir Hussain · Answer

C. To cater for demand forecast errors............. . . . . ..

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Many organisations hold safety stocks as part of their inventory. Which of the following is a reason for holding safety stocks?

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