Inventory control in production, planning and control aims at
A. Achieving optimization
B. Ensuring against market fluctuations
C. Acceptable customer service at low capital investment in inventory
D. Discounts allowed in bulk purchase
Answer: Option C
Solution(By Examveda Team)
Inventory control in production, planning and control aims at Acceptable customer service at low capital investment in inventoryThis Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
Join The Discussion