Inventory Management Includes All the Following Activities Except Determining

question 65

Multiple Choice

Inventory management includes all the following activities except determining

• A) the amount of inventory to keep in stock.
• B) customer demand .
• C) how much to order.
• D) when to order.

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Definitions:

Units

A measure of quantity, referring to the individual countable items or grouped quantities of a product.

Sales Commissions

Fees paid to salespersons for selling products or services, typically a percentage of the sale amount.

Monthly Sales

The total revenue generated from the sale of products or services within a month.

Target Profit

The desired net income a company aims to achieve for a specific period, often used in planning and decision-making processes.