The Inventory Control Method That Uses a Targeted Service Level

question 74

Multiple Choice

The inventory control method that uses a targeted service level allowing for the variability of supply and demand is the:

• A)ABC method.
• B)economic order quantity.
• C)just-in-time inventory system.
• D)statistical inventory control.

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Definitions:

Net Present Value

A calculation used to determine the value of a future stream of income or expenses discounted back to the present value.