A manufacturing company has several inexpensive items that are critical to the production process. The supply of these items has been depleted several times. Which of the following actions is most likely to reduce stockouts?
A.
Assign personnel to manage the items.
B.
Standardize the items.
C.
Increase minimum inventory levels for the items.
D.
Initiate a vendor-managed inventory (VMI) program for the items.
VMI program involves the supplier managing the inventory levels of the items at the customer's location based on agreed-upon criteria such as demand forecasts, usage patterns, and lead times.
upvoted 1 times
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
frankie247
2 months, 2 weeks agoduckula88
5 months, 3 weeks agoRajiv8047
6 months, 3 weeks ago