Safety stock is held because we anticipate future demand.Group startsTrue or False
Question
Solution 1
Final Answer
True.
Explanation
Safety stock is an essential inventory management practice that involves maintaining a buffer of stock to mitigate the risk of stockouts caused by uncertainties in demand and supply. The primary reason for holding safety stock is to anticipate future demand fl Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Similar Questions
Safety stock is inventory held to guard against uncertaintyGroup startsTrue or False
Safety stock is maintained to:*1 pointMeet unexpected demand fluctuationsMaximize production efficiencyReduce carrying costsMinimize order quantity
What is a ‘Safety Stock Inventory’?It is the extra inventory being ordered beyond expected demand It is ordering less than the demanded number
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