Title: Explain the importance of managing productivity and inventory control accuracy.
Course: Marketing Management (12166) > Section: Managing Distribution and Inventory

Explanation should address the concepts that monitoring inventory control levels allows for managing productivity and producing inventory to meet projected sales forecasts.

Process/Skill Questions:

- What is the importance of keeping accurate inventory levels?
- How does computerized inventory control assist productivity managers?
- What are the impacts of stock overages and shortages on productivity and sales?
- How can managing decisions lead to an inventory surplus?
- How can excess inventory be managed?