Q340
Activities related to coordinating, controlling and planning flow of inventory are classified as
A.
decisional management
B.
throughput management
C.
inventory management
AnswerD.
manufacturing management
Answer: Option C
Solution
Answer: Option C
Solution:
Activities related to coordinating, controlling and planning flow of inventory are classified as inventory management. Inventory management refers to the process of ordering, storing, and using a company's inventory. These include the management of raw materials, components, and finished products, as well as warehousing and processing such items.