Answer:
D) Inventory management
Explanation:
Inventory management involves all the procedures necessary for providing with sufficient materials, supplies and parts to the different production units. Efficient inventory management must balance the needs of having enough stock (materials, supplies, parts) and using resources efficiently, since every dollar held in stock is not being used to generate money on another department of the company. The most efficient type of inventory management is the just in time inventory system developed by Toyota.
<span>shortage, upward:
A shortage is experienced because the the goods are sold more rapidly than they can be re-stock. The price increases once the shortage happens to slow down the demand, enabling the quantity supplied to attend the quantity demanded.</span>
<span>A study piece, designed to help a performer master specific technical difficulties, is known as a</span>n etude
The price elasticity of baseball bats is −0.77, this indicates that the demand for bats tends to inelasticity. Therefore, if the manager wants to dispose of his inventory, he would advise you not to lower the price because it would cause a decrease in income. He could raise the price and earn more since being an inelastic demand, the quantity demanded would not be modified as much as the price would change.
