The Inventory Control Method That Uses a Targeted Service Level

question 41

Multiple Choice

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

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

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Definitions:

Participant

A person who takes part in something, such as an event, activity, or study.

Assessed

To be assessed means to be evaluated or measured in terms of performance, quality, or value.

Lateral Moves

A job change within an organization to a position of similar status and pay, offering professional growth without upward promotion.

Employee Development

Initiatives or programs within an organization aimed at enhancing the skills, knowledge, and abilities of its workforce.