Question

In the planning process of the product development life cycle, what is it important to inventory?

Answer 1

Answer:

The product life cycle is represent to the various stages of the market such as growth, introduction, decline and maturity.

Explanation:

Product development life cycle is the process of a product in which there are different stages.  From the side of inventory there are management viewpoint is very important. It works according to season.

Every product goes under the life cycle and it is important for the primary optimization.

It is seen that at the inventory level the life cycle may be dwarfed by the pattern.

Thus at the inventory level the management is very important.