What aims at optimizing inventory levels?
A. Inventory Control
B. Inventory Capacity
C. Inventory Planning
D. None of the above
Answer: Option C
Solution(By Examveda Team)
Inventory Planning aims at optimizing inventory levels. The aim of inventory optimization is to reduce the holding and maintenance costs, without neglecting the customer satisfaction level. In other words, inventory optimization helps to reduce inventory while improving service level.This Question Belongs to Management >> Operations Research
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