Shane motors keeps its automobile parts in a storage facility near its assembly and manufacturing plant. in the context of operations management, shane motors uses the storage facility to hold its

Inventory

Inventory consists of the sum total of goods in the store and the warehouse. Thus inventories include finished goods and raw material.  

Inventories are crucial to a firm's operations because it supplies raw material to the production line and also stores finished goods to meet customers' demands.

its simple as this, microeconomics is the study of economics at an individual, group or company level, macroeconomics on the other hand, is the study of a national economy as a whole.

hope it =^-^=

engaging in financial planning?

just took my test