Match the Term with Its Definition

question 126

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A method of reducing inventory carrying costs by making or buying what is needed just as it is needed

• A)ABC method
• B)Associative forecasting
• C)Cooperative purchasing organization
• 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

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Definitions:

Differentiates Humans

Characteristics or qualities that distinguish humans from other species, including cognitive abilities, emotional complexity, and social behavior.

Members

Individuals who belong to a group, organization, or community, often sharing common goals, interests, or characteristics.

Nonprofit Organizations

Organizations that operate for the collective, public, or social benefit, without the primary aim of generating profit.

Viable Organizations

Organizations that are capable of surviving or continuing to operate successfully in their environment over the long term.