Question

Refer to Scenario 13.1. Redbox kiosks keep track of what movies are being ordered frequently at that location. The individual kiosks inform the company about past purchases, and the company can adjust the availability of DVDs or Blu-rays its uses to supply the kiosks based on this information. These activities most likely fall under which of the following?

Answer 1

inventory management

Step-by-step explanation:

Inventory management refers to the process of managing a company’s inventory. A company's inventory includes raw materials, components, and finished products (merchandise).

The goal of an efficient inventory management is to reduce inventory costs, i.e. your inventory must include only the amount of goods that your company will sell or need during a specific period. Excess inventory = excess costs