Inventory held to prevent stockouts in case of possible delivery delays is calle
ID: 422737 • Letter: I
Question
Inventory held to prevent stockouts in case of possible delivery delays is called:
Buffer inventory.
Cyclical inventory.
Seasonal inventory.
Decoupling inventory.
Which of the following is often used to forecast the market penetration of a new service?
Regression
Historical analogy
Cross-impact analysis
N-period moving average
Exponential smoothing with trend adjustment
Yield management is used by service firms with which of the following characteristics:
A perishable inventory
A relatively fixed capacity
The ability to segment markets
Low marginal sales costs and high marginal capacity change costs
All of the above
A.Buffer inventory.
B.Cyclical inventory.
C.Seasonal inventory.
D. .Decoupling inventory.
Which of the following is often used to forecast the market penetration of a new service?
A.Regression
B.Historical analogy
C.Cross-impact analysis
D.N-period moving average
E.Exponential smoothing with trend adjustment
Yield management is used by service firms with which of the following characteristics:
A.A perishable inventory
B.A relatively fixed capacity
C.The ability to segment markets
D.Low marginal sales costs and high marginal capacity change costs
E.All of the above
Explanation / Answer
Dear student, only one question is allowed at a time. I am answering the first question
Buffer Inventory or safety stock is the stock of inventory kept by an organization as a safety measure against stock outs. It is the stock of inventory used in case of emergency or shortage of materials. It is called buffer stock as it acts as a buffer at the time of shortage of inventory
So, as per above discussion, option A is the correct option
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