Match the Term with Its Definition

question 38

Essay

Match the term with its definition.Some terms may not be used
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organisation
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-An index that determines the quantity to purchase in order to minimise total inventory costs.