Which of the following is NOT a method of disposition, disposal, or purging?

The correct choice is inventory management because it primarily focuses on the systematic approach to storing, tracking, and controlling inventory rather than directly facilitating the disposition or disposal of items. Inventory management is concerned with maintaining the supply chain, ensuring that the appropriate levels of goods are available, and is integral to operational efficiency.

In contrast, sealed bids, public auctions, and trade-ins are all active methods used to dispose of or repurpose items no longer needed. Sealed bids involve competitive offers for surplus items, ensuring that the organization obtains the best price. Public auctions provide a platform for selling items to the highest bidder, facilitating quick turnover of excess assets. Trade-ins allow for the exchange of old items for credit on new purchases, thereby providing a way to dispose of outdated equipment while acquiring new goods.