Which technique of controlling inventory costs involves maintaining some quantity of goods as a buffer to utilize in times of emergency? A.
the ABC classification
B.
the economic order quantity method
C.
the just-in-time system
D.
the safety stock concept

D. the safety stock concept

Explanation:

Safety stock describes a quantity of inventory that a business maintains in its custody at all times. The objective of keeping safety stock inventory is to prevent the business from experiencing stock-outs. Applying the concept of safety stock means not allowing the inventory to go below the level marked at safety stock.

The technique of safety stock demands that stock be ordered every time inventory approaches safety stock. Allowing inventory to fall below the safety stock is risking running out of stock leads to halting production.

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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