Question

Type the correct answer in the box. Spell all words correctly.

Which process involves managing inventory such that it minimizes the costs incurred while meeting customer needs?
Inventory ______
is the process of managing Inventory such that it minimizes the costs incurred while meeting customer needs.

Answer 1

control

Step-by-step explanation:

Inventory control is the application of processes and policies to optimize a company's inventory use by minimizing costs without sacrificing customer satisfaction.

PLATO
I received a 5/5 on my Inventory Management Mastery Test

Answer 2

inventory management

Step-by-step explanation:

is the process of managing inventory such that it minimizes the cost incurred while meeting customers needs