Inventory Needs Under a Derived-Demand Inventory System Are

question 167

Multiple Choice

Inventory needs under a derived-demand inventory system are:

• A) Primarily dependent upon the competitive demands placed on a firm's suppliers.
• B) Based on the anticipated finished goods level of inventory.
• C) Based on minimizing the cost of restocking inventory.
• D) Held constant over time.
• E) Determined by a kanban system.

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Definitions:

Member Method

A function defined within a class in object-oriented programming that can manipulate or access the object's data members.

Area

A measure of the extent of a two-dimensional surface or shape, expressed in square units.

Perimeter

The total length of the sides of a geometric figure, such as a triangle, square, or rectangle.

Rectangle

A quadrilateral with four right angles, often used in geometry and graphical applications.