Cycle inventory helps in ...?

Question

finding out the amount of stock required during a finite period in order to move the materials from one location to another
taking care of uncertainty in demand and supply of products/components
providing flexibility to each decision making unit to manage its operations independently
taking advantage of economies of scale and reducing cost within the supply chain
taking care of any special event that does not occur on a regular basis

Shaik Alavudeen Amanullah · Answer

Option (A)

In finding out the amount of stock required during a finite period in order to move the materials from one location to another

Patricia Mukiri · Answer

Taking care of uncertainty in demand and supply of products/components

Alfayo Obam · Answer

Cycle inventory helps in...

1) To help manage the optimum goods requirement at a particular time

2) It helps in managing operating costs

3) it helps to ensure that minimum and maximum invetory demand is met.