________ Is a Ticket-Based System That Indicates When to Reorder

question 89

Multiple Choice

________ is a ticket-based system that indicates when to reorder inventory.

• A) An MRP system
• B) A just-in-time system
• C) Kanban
• D) An independent demand system
• E) A dependent demand system

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Definitions:

Promissory Estoppel

A doctrine that applies when a promisor makes a clear and definite promise on which the promisee justifiably relies. Such a promise is binding if justice will be better served by the enforcement of the promise.

Promisor

An individual or entity that makes a promise to perform an act or fulfill an obligation as specified in a contract.

Obtained

Acquired or secured something, typically through purchase, request, or effort.

Degree

An academic award conferred by colleges and universities to signify the completion of a course of study.