1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luba_88 [7]
3 years ago
8

What are the benefits of "inventory pooling"? Establishing pools of inventory at each supplier and customer locationsCentralizes

inventory into fewer locations thus reducing safety stocks and the amount of inventory needed in the supply chain.Pulling back inventory when firms have too much at retail level.Providing a one-stop means for the customer to return goods
Business
1 answer:
PolarNik [594]3 years ago
8 0

Answer:

The benefits of Inventory Pooling includes:

  • centralizing inventory into fewer locations thus reducing safety stocks and the amount of inventory needed in the supply chain.
  • Pulling back inventory when firms have too much at retail level.

Explanation:

inventory pooling is an operational strategy used to increase efficiency in stock management and analysis.

It is a supply chain tool that consolidates multiple inventory locations into a single one.

It is a centralized system that helps with stock keeping. It makes projections easier and helps manage shortfalls that may arise due to demand uncertainty.

It is cost effective by reducing cost of employing more staff and reduces the percentage error due to the centralized portal.

By reducing operational costs, profit is maximized.

You might be interested in
A nation has an absolute advantage in the production of a good, if Group of answer choices it can produce that good at a lower o
Leona [35]

Answer: it can produce that good using fewer resources than its trading partner

Explanation:

A country has an absolute advantage in the production of a good when such country can produce the good using fewer resources than another country.

Absolute advantage can be due to the natural endowment of a country. For example, let's say Japan uses 2 hours in producing a good while Brazil uses 5 hours in producing such good. Then, it can be deduced that Japan has an absolute advantage over Brazil.

6 0
2 years ago
Which types of postsecondary education are examples of traditional academic education? Check all that apply.
SOVA2 [1]
Associate degree is a 2 year college degree & a Bachelors’s degree. They would be considered a traditional education.

An apprenticeship studies under a master of a trade.

A technical school degree is training in a field specific to what you want to get a job in, like air conditioning repair.
5 0
3 years ago
PLZ HELP MEEEEEEEEEE​
Akimi4 [234]

Answer:

D

Explanation:

7 0
3 years ago
Why do you think different college majors pay for themselves at different rates?
Brums [2.3K]
In my opinion, i think this happens because different majors can you get different jobs, where people are making different amounts of money! so if you had a education degree, it would take longer to pay it “off” verses say a law degree! hope that kinda helped :)
3 0
3 years ago
Adams Company sells a product whose contribution margin is $10 and selling price is $25.
Karolina [17]

Answer:

answer is b) False

Explanation:

given data

contribution margin = $10

selling price = $25

total fixed costs = $500

break-even point  = 100 units

solution

we get here Break even point that is

Break even point = \frac{fix\ cost}{contribution\ margin}   ...........1

Break even point = \frac{500}{10}

Break even point = 50 units

but we have given break-even point is 100 units

so answer is b) False

6 0
3 years ago
Other questions:
  • You own a portfolio that has a total value of $215,000 and it is invested in Stock D with a beta of .86 and Stock E with a beta
    5·1 answer
  • During the month of January, Marcos & Henesey, Inc. had total manufacturing costs of $165,000. It incurred $62,000 of direct
    7·1 answer
  • A yearly statement of the financial condition, progress, and expectations of an organization
    15·2 answers
  • Mcmurtry corporation sells a product for $180 per unit. the product's current sales are 12,900 units and its break-even sales ar
    8·1 answer
  • Many health care organizations are drowning in data. yet health care workers cannot get reliable insights from this data. inform
    7·2 answers
  • If a bond is currently trading at its face​ (par) value, then it must be the case​ that: A. the​ bond's yield to maturity is equ
    7·1 answer
  • The idea that unions benefit people in communities by holding employers accountable for the way they treat workers is an example
    13·1 answer
  • Which term is used when businesses do not maximise output from given inputs ?​
    5·1 answer
  • Schrank Company is trying to decide how many units of merchandise to order each month. The company's policy is to have 25% of th
    11·1 answer
  • Abc company is in the process of issuing bonds. The bonds have a stated interest rate of 6%, which is 2% above the current marke
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!