Inventory Management

What is inventory?

• Stock Items

• Material Resource

• Finished Goods

• Raw Materials

• All of the Above

Inventory management is managing and optimizing the accumulation of material resources so that the business organization can satisfy the customer demands.

• True

• False

What type of inventory is this?

• MRO

• RAW MATERIAL

• WORK IN PROGRESS

• FINISHED GOOD

What type of inventory is this?

• FINISHED GOOD

• RAW MATERIAL

• MRO

• WORK IN PROGRESS

What type of inventory is this?

• FINISHED GOOD

• MRO

• WORK IN PROGRESS

• RAW MATERIAL

What type of inventory is this?

• RAW MATERIAL

• FINISHED GOOD

• MRO

• WORK IN PROGRESS

What type of inventory is this?

• WORK IN PROGRESS

• MRO

• FINISHED GOOD

• RAW MATERIAL

What type of inventory is this?

• MRO

• FINISHED GOODS

• WORK IN PROGRESS

• RAW MATERIAL

What type of inventory is this?

• FINISHED GOODS

• MRO

• WORK IN PROGRESS

• RAW MATERIAL

What type of inventory is this?

• MRO

• WORK IN PROGRESS

• RAW MATERIAL

• FINISHED GOOD