Economics · Inventory Management
Match List I (Inventory Type) with List II (Primary Function) and select the correct option: List I: A. Buffer Inventory B. Anticipation Inventory C. Decoupling Inventory D. Movement Inventory List II: I. Transportation/transit time is involved in transferring the resources. II. Works as a shock absorber between consecutive manufacturing stages. III. Held in anticipation of future demand or price hikes. IV. Held as protection against the uncertainties of demand and supply.
- 1A-IV, B-II, C-III, D-I
- 2A-IV, B-III, C-II, D-I✓
- 3A-I, B-III, C-II, D-IV
- 4A-I, B-II, C-III, D-IV
Correct answer
A-IV, B-III, C-II, D-I
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