Inventory Manager George Costanza Knows Too Well That Shrinkage Occurs

question 195

Short Answer

Inventory manager George Costanza knows too well that shrinkage occurs so he goes to the stock room every day to do a spot check of a few pre-selected items, physically counting them to verify that his count agrees with the number indicated by their computerized inventory system. This method of inventory control is known as ________.

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Definitions:

Fundamental Attribution Bias

The tendency to overemphasize personality-based explanations for behaviors observed in others while underemphasizing the role of external factors.

Self-Effacing Bias

A tendency to downplay one's own successes or positive traits, often attributing them to external factors.

Different Interests

The phenomenon of individuals having varied preferences, passions, and hobbies that distinguish them from others.

Age

A measure of time that specifies how long a person or entity has existed from its beginning to any given point.