Which of the Following Statements Is False

question 166

Multiple Choice

Which of the following statements is false?

• A) The majority of surface rocks are igneous.
• B) The study of rocks is called petrology.
• C) Rocks are classified as igneous, sedimentary, or metamorphic.
• D) Rocks are composed of one or more minerals.

---

Definitions:

Product Availability

The degree to which products are in stock and accessible to customers, influencing customer satisfaction and sales.

Product Fill Rate

A measure of a company's ability to meet customer demand from available stock, often expressed as a percentage of customer orders fulfilled from stock on hand.

Safety Inventory

A quantity of stock maintained in reserve to protect against uncertainties in demand or supply, ensuring that operations continue smoothly.

Lot Size

The quantity of goods considered to be a standard amount for buying or manufacturing, often determined by considering production efficiency and inventory holding costs.