One Operational Method for Controlling and Managing Inventory Is the Implementation

question 47

Multiple Choice

One operational method for controlling and managing inventory is the implementation of a software system which can be referred to as:

• A) Material requirements planning (MRP)
• B) Demand capacity tracking (DCT)
• C) Inventory sourcing (IS)
• D) Demand process reengineering (DPR)

---

Definitions:

Scientific Management

A management theory that emphasizes the use of scientific methods to optimize labor productivity and economic efficiency, originally developed by Frederick W. Taylor.

Vested Interests

Stakeholders or individuals who have a personal stake or benefit in a particular outcome or decision.

Political Sites

Locations or platforms where political activity, discourse, or engagement occurs, ranging from physical spaces like parliaments to digital forums.

Democratic Government

refers to a system of governance where power is vested in the hands of the people, who exercise power directly or through elected representatives, based on principles of freedom, equality, and justice.