To Reduce Inventory Management Costs, Many Companies Use a System

question 39

Short Answer

To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.
reduction-inventory management
just-in-time logistics
limited inventory logistics
supply chain management
economic order quantity

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Definitions:

Abused Child

A minor who has been subjected to harmful treatment, whether physically, psychologically, sexually, or through neglect.

Displacement

A defense mechanism in psychoanalytic theory where an individual shifts negative feelings from the original source of distress to a more acceptable or less threatening target.

Painful Divorce

A distressing dissolution of marriage that involves significant emotional stress and pain.

Psychoanalyst

A therapist who follows and practices psychoanalytic theories, primarily those of Freud, focusing on the unconscious mind.