Question

Choose the correct choices regarding the descriptions of the primary functions of inventories. (1). Pipeline inventory: inventories traveling from one location to another (2). Seasonal inventories: inventories accumulated during low sales periods and depleted during high usage periods (3). Decoupling stocks: inventories used to absorb random demand uncertainties (4). Safety stocks: inventories used to replenish cycle stocks for major stocking points throughout the system.

Answer 1

(1). Pipeline inventory: inventories traveling from one location to another

4). Safety stocks: inventories used to replenish cycle stocks for major stocking points throughout the system.