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Author Question: Which of the following is not a function of inventory? (Read 23 times)

tfester

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Question 1

Which of the following statements regarding Amazon.com is false?
◦ The company uses both United Parcel Service and the U.S. Postal Service as shippers.
◦ Amazon obtains its competitive advantage through inventory management.
◦ The company was opened by Jeff Bezos in 1995.
◦ The company was founded as, and still is, a "virtual retailer" with no inventory.
◦ The company is now a world-class leader in warehouse management and automation.

Question 2

Which of the following is not a function of inventory?
◦ to decouple the firm from fluctuations in demand and provide a stock of goods that will provide a selection for customers
◦ to decouple or separate parts of the production process
◦ to hedge against inflation
◦ to double the amount of safety stock
◦ to take advantage of quantity discounts


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Marked as best answer by tfester on Dec 3, 2019

krakiolit

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tfester

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Reply 2 on: Dec 3, 2019
Great answer, keep it coming :)


at

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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