49. The functions of inventories are:
(A) The material must be available in time for production
(B) It helps in planning and consumption of its stock
(C) Inventory stabilizes employment in the organization
(D) All of these
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The role and functions of the stock
The main function of inventory management is to determine the sufficient amount and type of input products, products in process and finished products, facilitating production and sales operations and minimizing costs by keeping them at an optimal level
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oh.
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