Most inventory models attempt to minimize:
A) the likelihood of a stockout.
B) the number of items ordered.
C) total inventory-based costs.
D) the number of orders placed.
E) the safety stock.
Answer: C
Most inventory models attempt to minimize:
A) the likelihood of a stockout.
B) the number of items ordered.
C) total inventory-based costs.
D) the number of orders placed.
E) the safety stock.
Answer: C