_______________ Is a System for Managing Demand-Dependent Inventories That Minimizes

question 57

Multiple Choice

_______________ is a system for managing demand-dependent inventories that minimizes the inventory holdings of the firm at any given time.

• A) Just-in-time inventory.
• B) Turnover inventory.
• C) Net working capital planning.
• D) Inventory scoring.
• E) Inventory ranking.

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Definitions:

C2B

Consumer to Business, a type of economic relationship where individuals sell products or services to businesses.

Geolocation

The method of identifying the geographical location of a person or device, usually by utilizing information processed through the Internet.

GPS

A global positioning system that uses satellites to provide location and time information in all weather conditions, anywhere on or near the Earth.

Smartphone

Phone with features of a computer including a wide assortment of apps, media players, high-quality cameras, and web connectivity.