Which of the Following Statements Regarding Control of Service Inventories

question 104

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:

Past Events

Historical occurrences or activities that have taken place before the present time.

Multicultural Organization

An organization that incorporates and respects diversity in cultures, beliefs, and practices among its members.

Prejudice

A preconceived opinion or bias, often negative, towards something or someone, without reasonable justification.

Structural Integration

The coordination and alignment of organizational structures and processes to achieve synergy and efficiency.