Reports are written to

Which of the following is a function of inventory?

A) to decouple various parts of the production process B) to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand C) to take advantage of quantity discounts D) to hedge against inflation E) All of the above are functions of inventory.

Which of the following would be part of a product-uniqueness strategy?

A) Offering a low cost to the customer B) Offering a one-of-a-kind product or service C) Cutting operations costs D) Limiting the salaries of employees E) All of the above