What Are the Two Functions That Management Must Be Concerned

question 84

Multiple Choice

What are the two functions that management must be concerned with in regard to inventory?

• A)estimating costs / developing an inventory counting system
• B)creating accurate forecasts / communicating with the entire supply chain
• C)tracking inventory / developing an operations strategy
• D)establishing a classification system / creating a perpetual inventory system
• E)establishing a system to track items / making decisions about the quantity and when to order

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Definitions:

Lean Muscle Tissue

Muscle tissue that is relatively low in fat, important for maintaining a healthy weight and improving metabolic rate.

Weight Loss

The reduction of total body mass due to efforts such as dieting, exercise, or surgery for health or cosmetic reasons.

Exercise

Physical activities undertaken to maintain or improve health and fitness, including strength, flexibility, and cardiovascular health.

Anaerobic

Relating to or involving muscular activity that does not require oxygen, typically short duration and high intensity.