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Purpose Of Inventory is to:

Select one:a. Maintain uninterrupted supply of input materialsb. manage variations in demand and supplyc. Manage Supplier Lead Timesd. All the above

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Question added by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG
Date Posted: 2015/02/05
Ani Kuriakose
by Ani Kuriakose , Managing Partner – SCM , A. A. Associates

b. manage variations in demand and supply

Mohammed Arshi
by Mohammed Arshi , erp project manager , Larsen And Toubro Infotech

All the three option a, b,c is correct 

Nadeem Sohail
by Nadeem Sohail , GENERAL MANAGER , WS INTERNATIONAL

The best inventory system has strength that it consumes the financial resources according to the production or operational contingencies just in time approach because the inventory cost  is a big question to the strategic management.  

Answer is d. All the above

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