Question 1:
What are the kinds of inventory?
- Transaction inventory
- Speculative inventory
- Precautionary inventory
Question 2:
Explain in brief the inventory carrying costs.
Capital cost, service cost, risk cost, storage cost
Question 3:
Describe any three types of business environment and provide their effects on the inventory management.
Explanation of inventory management including
Any types (description , impact on environment , Diagram volume variety mix,) Concluding remarks