Which One of the Following Is a System for Managing

question 34

Multiple Choice

Which one of the following is a system for managing demand-dependent inventories that minimizes the inventory levels of a firm?

• A)just-in-time inventory
• B)turnover planning
• C)net working capital planning
• D)inventory scoring
• E)inventory ranking

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Definitions:

Operating Capacity

The maximum output a company can produce using its resources efficiently under normal conditions.

Net Fixed Assets

The value of a company’s property, plant, and equipment minus any depreciation that has been accounted for.

Larger Population

A term referring to a broader group of individuals or observations from which a sample is drawn for research purposes.

Sample

A subset selected from a larger population for the purpose of statistical analysis.