An Owner Wants to Always Know the Number of Units

question 62

Multiple Choice

An owner wants to always know the number of units in inventory.What inventory system should the owner use?

• A) ABC
• B) perpetual
• C) physical
• D) just-in-time

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Definitions:

Concessions

Compromises or allowances made by one party in a negotiation, often to achieve a mutual agreement or understanding.

Expanding The Pie

A negotiation strategy aimed at finding solutions that allow all parties to gain more than they initially anticipated.

Preconceptions

Pre-existing opinions, biases, or ideas about something or someone before actual experience or knowledge.

Bridging

The act of creating connections or finding middle ground between differing points of view or entities.