Levenworth Company Incurs Unnecessary Costs Each Period Because of the Excess

Multiple Choice

Levenworth Company incurs unnecessary costs each period because of the excess quantities of inventory maintained to meet unexpected customer demand.The costs of inventory financing,storage,supervision,and obsolescence could most likely be reduced by which of the following practices?

A) Activity-based costing
B) Just-in-time inventory
C) Total quality management
D) Benchmarking