Asked by
Tyler Perez
on Nov 07, 2024
Verified
Which one of the following items is most likely a derived-demand inventory item?
A) Dog food ready to be bagged and sold.
B) Clothes on a rack in a retail store.
C) Cars sitting in a lot ready to be shipped by the auto manufacturer to auto dealers.
D) Auto glass held in inventory by an auto manufacturer.
E) Corn harvested by a corn farmer.
Derived-Demand Inventory
Inventory levels that are influenced by the demand for the final goods or services produced by a company.
Auto Manufacturer
A company engaged in the designing, production, marketing, and selling of motor vehicles.
Corn Farmer
An agricultural professional focused on the cultivation and production of corn crops.
- Comprehend techniques in managing inventory and their impact on finances.
Verified Answer
AJ
Learning Objectives
- Comprehend techniques in managing inventory and their impact on finances.