Lily, a new auditor in an electronics manufacturing company, is reviewing the appropriateness of the minimum quantity level of inventory established by a department. Which of the following would Lily be least likely to consider? Group of answer choices Area/size of the warehouse where the inventories are stored. The potential for obsolescence of inventory items. Seasonal variations in forecasting inventory demand. Stockout costs, including lost customers.
Lily, a new auditor in an electronics manufacturing company, is reviewing the appropriateness of the minimum quantity level of inventory established by a department. Which of the following would Lily be least likely to consider? Group of answer choices Area/size of the warehouse where the inventories are stored. The potential for obsolescence of inventory items. Seasonal variations in forecasting inventory demand. Stockout costs, including lost customers.
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 5.1SC: Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing...
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Lily, a new auditor in an electronics manufacturing company, is reviewing the appropriateness of the minimum quantity level of inventory established by a department. Which of the following would Lily be least likely to consider?
Group of answer choices
Area/size of the warehouse where the inventories are stored.
The potential for obsolescence of inventory items.
Seasonal variations in forecasting inventory demand.
Stockout costs, including lost customers.
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