Which One of the Following Statements Concerning a Continuous Review

question 75

Multiple Choice

Which one of the following statements concerning a continuous review system is best?

• A) An item's on- hand inventory increases by Q units as soon as an order is placed.
• B) Under a continuous review system, an item's inventory position corresponds to the on- hand inventory unless there are backorders or one or more scheduled receipts.
• C) The inventory position (IP) of an item measures the item's ability to satisfy future demand, relying only on the on- hand inventory.
• D) An item's inventory position under a continuous review system increases by Q units as soon as an order is received.

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Face Value

The apparent worth or truth of something, taken without questioning or seeking deeper understanding.

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Documents and information about a student's educational history and performance, maintained by an educational institution.

FERPA

The Family Educational Rights and Privacy Act, a federal law that protects the privacy of student education records.

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