refers to stocks of goods and materials that are maintained for many purposes, the most common being to satisfy normal demand patterns. Group of answer choices Inventory Production Supply Chain Management Logistic

The correct answer is the first option: Inventory.

Explanation:

To begin with, the concept of "Inventory" in the field of business refers to the combination of both the goods that are available for sale and the rar materials that are needed in order to produce a new final good for the company. So therefore that this concept implicates the accumulation of those objects in order to satisfy normal demand patterns that the consumers have. Moreover, the term represents one of the most important assets of the company due to the fact that its rotation involves the number of sales, so that means that a good inventory rotation implicates in a good number of sales and therefore in profits.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20