Manufacturing firms generally hold three types of inventory:
A. raw material, stockout, and finished goods.
B. work-in-process, finished goods, and just-in-time inventory.
C. Just-in-time inventory, raw materials inventory, and finished goods inventory.
D. Raw materials, work-in-process, and finished goods inventories.
Answer:D
Manufacturing firms generally hold three types of inventory:
A. raw material, stockout, and finished goods. B. work-in-process, finished goods, and just-in-time inventory. C. Just-in-time inventory, raw materials inventory, and finished goods inventory. D. Raw materials, work-in-process, and finished goods inventories.