Which of the following is NOT a goal of inventory management?
To minimize breakage and shrinkage of inventory
To minimize capital charges on average inventory
To minimize time spend on purchasing functions
To maximize costs associated with placing orders to the wholesaler
To maximize costs associated with placing orders to the wholesaler
Rationale: Maximizing costs associated with placing orders to the wholesaler is not a goal of inventory management – minimizing these costs would be one goal, along with the other answer choices.
Health Professions