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Consider the following functions of inventory:1. to decouple or separate parts of the production process.2. to provide a stock of goods that will provide a selection for customers.3. to take advantage of quantity discounts.4. to hedge against inflation.Which of the above functions are valid?a)1,2 and 3b)1,3 and 4c)2, 3 and 4d)1,2, 3 and 4Correct answer is option 'D'. Can you explain this answer? for Mechanical Engineering 2024 is part of Mechanical Engineering preparation. The Question and answers have been prepared according to the Mechanical Engineering exam syllabus. Information about Consider the following functions of inventory:1. to decouple or separate parts of the production process.2. to provide a stock of goods that will provide a selection for customers.3. to take advantage of quantity discounts.4. to hedge against inflation.Which of the above functions are valid?a)1,2 and 3b)1,3 and 4c)2, 3 and 4d)1,2, 3 and 4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Mechanical Engineering 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following functions of inventory:1. to decouple or separate parts of the production process.2. to provide a stock of goods that will provide a selection for customers.3. to take advantage of quantity discounts.4. to hedge against inflation.Which of the above functions are valid?a)1,2 and 3b)1,3 and 4c)2, 3 and 4d)1,2, 3 and 4Correct answer is option 'D'. Can you explain this answer?.

Solutions for Consider the following functions of inventory:1. to decouple or separate parts of the production process.2. to provide a stock of goods that will provide a selection for customers.3. to take advantage of quantity discounts.4. to hedge against inflation.Which of the above functions are valid?a)1,2 and 3b)1,3 and 4c)2, 3 and 4d)1,2, 3 and 4Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Mechanical Engineering. Download more important topics, notes, lectures and mock test series for Mechanical Engineering Exam by signing up for free.

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