Lily, a new auditor in an electronics manufacturing company, is reviewing the appropriateness of the minimum quantity level of inventory established by a department. Which of the following would Lily be least likely to consider? Group of answer choices Area/size of the warehouse where the inventories are stored. The potential for obsolescence of inventory items. Seasonal variations in forecasting inventory demand. Stockout costs, including lost customers.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter12: Queueing Models
Section: Chapter Questions
Problem 59P
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Lily, a new auditor in an electronics manufacturing company, is reviewing the appropriateness of the minimum quantity level of inventory established by a department. Which of the following would Lily be least likely to consider?

Group of answer choices
Area/size of the warehouse where the inventories are stored.
The potential for obsolescence of inventory items.
Seasonal variations in forecasting inventory demand.
Stockout costs, including lost customers.
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