contestada

A grocery store plans to sell 100 gallons of milk in a week so they purchase 100 gallons to merchandise on the shelf . All of the gallons were sold within 2 days . one hundred more customers came to buy gallons of milk , but the store was already sold out this is an example of which type of inventory scenario?

Respuesta :

Answer:

Cycle inventory

Explanation:

Cycle inventory is the inventory scenario where the goal of the firm such as the grocery store is to equate the holding and or carrying cost with the ordering and or setup cost in order to minimize the total cost, such that the firm orders in batches of goods or a quantity of goods of a specific lot size rather than taking up inventory according to demand