Which of the Following Statements Regarding Control of Service Inventories

question 133

Multiple Choice

Which of the following statements regarding control of service inventories is true?

• A) Service inventory is a fictional concept, because services are intangible.
• B) Service inventory needs no safety stock, because there's no such thing as a service stockout.
• C) Effective control of all goods leaving the facility is one applicable technique.
• D) Service inventory has carrying costs but no setup costs.
• E) Good personnel selection, training, and discipline are easy.

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Definitions:

Contagion Theory

A theory in sociology that suggests that ideas, attitudes, and behaviors spread through populations as if they were infectious diseases.

Cultural Evolution

The study of how cultures change over time, and how cultural information is passed down through generations.

Transformation

A thorough or dramatic change in form or appearance.

Social Change

The significant alteration of social structure and cultural patterns through time.