An Inventory Model That Can Handle Dependent Demand Is Called

question 46

Multiple Choice

An inventory model that can handle dependent demand is called a(n)

• A)MRP system.
• B)JIT system.
• C)ERP system.
• D)Kanban system.
• E)VMI system.

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Definitions:

Consideration

In contract law, consideration refers to something of value that is exchanged between parties as part of an agreement.

Capacity

The legal ability of a person to enter into binding contracts.

Legal Right

A legal right is an entitlement or permission recognized by law, provided to individuals or entities, covering both freedoms and entitlements.

Reward Notices

Announcements or notifications that inform stakeholders about rewards or incentives offered, typically for providing information or achieving certain goals.