Material accumulated for a well-defined future need is called

Material accumulated for a well-defined future need is called
A . buffer stock
B . continuous inventory
C . anticipation inventory
D . safety stock

View Answer

Answer: C

Explanation:

Anticipation inventory refers to stock that is accumulated in advance of expected demand increases, such as seasonal spikes or promotions. This type of inventory helps companies manage supply chain fluctuations and maintain smooth operations.

Reference: Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation.