Asked by Amrita Tambar on May 21, 2024
Verified
Seasonal inventory is inventory that is built up to counter predictable variability in demand.
Seasonal Inventory
Stock that is kept to meet the seasonal demand of products, which can vary throughout the year based on changes in customer behavior or events.
Demand Variability
Fluctuations in customer demand over a period, affecting inventory levels, supply chain strategies, and production schedules.
- Determine the distinct kinds of inventory and their respective objectives within the supply chain framework.
Verified Answer
GG
GNIOT Group of InstitutionsMay 23, 2024
Final Answer :
True
Explanation :
Seasonal inventory is specifically meant to address predictable fluctuations in demand, making option A true.
Learning Objectives
- Determine the distinct kinds of inventory and their respective objectives within the supply chain framework.
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