Question 1
Which of the following is the main objective of engaging in inventory control?
◦ Providing a channel for customer communication
◦ Obtaining feedback from the customers
◦ Providing a channel for brand communication
◦ Balancing supply and storage costs
◦ Storing less finished products and more raw materials
Question 2
Which of the following is the main purpose of just-in-time systems?
◦ Disintermediation of distribution
◦ Bettering work scheduling
◦ Strategic analysis
◦ Capacity improvement
◦ Better inventory management