Which of the Following Would Seem Especially Appropriate for Firms

question 86

Multiple Choice

Which of the following would seem especially appropriate for firms using a just-in-time inventory system?

• A) A broad customer base
• B) Substantial amounts of warehouse space
• C) Multiple sources of supply
• D) Good distribution systems
• E) Computer-assisted manufacturing

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Definitions:

Distribution

In statistics, it describes how values of a variable are spread or distributed across different levels.

First Quartile

The first quartile is a statistical measure that divides a data set into four equal parts, representing the value below which 25% of the data falls.

Hours

Units of time equivalent to 60 minutes, commonly used to measure durations and periods of the day.

Playing Video Games

The activity of engaging in games that involve interaction with a user interface to generate visual feedback on a display device.