Which of the Following Are Basic Systems for Determining When

question 1

Multiple Choice

Which of the following are basic systems for determining when to order INDEPENDENT demand items?
I. Order point system
II. Periodic review system
III. Material Requirements Planning

• A) I only
• B) II only
• C) I and II only
• D) I and III only
• E) II and III only

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Definitions:

Internal Factors

Factors within an organization that can affect its operations and success, including its resources, processes, and organization culture.

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Elements outside a business that can impact its performance, including economic, social, political, and technological influences.

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Customer Characteristics

Attributes or features that define different groups of buyers, including demographic, psychographic, and behavioral factors.