Multiple Choice
Which one of the following statements about anticipation inventory is TRUE?
A) It is a portion of inventory that is reserved for the best customer.
B) It is a portion of inventory that is used to absorb only the variation in demand.
C) It is a portion of inventory that is used to absorb only the variation in supply.
D) It is a portion of inventory that is used to absorb variation in demand or supply.
Correct Answer:
Verified
Correct Answer:
Verified
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