The central goal of inventory management is to provide sufficient incentives to ensure that the firm never suffers a stock-out (i.e., runs out of an inventory item)

Which of the following is NOT one of the results of the business system and the corresponding actions which take place within the operations area

A. the right product or service B. the right customer C. the right place D. the right colour E. the right time

Distinguish between upstream and downstream firms in a supply chain and provide an example

What will be an ideal response?