Cycle Counting

question 41

Multiple Choice

Cycle counting

• A) is used to determine average cycle service level
• B) is used to identify shelves needing repair
• C) has a lower tolerance level for slower-moving items
• D) follows a schedule such that the quantity of every SKU in inventory is counted at least once a year

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Definitions:

Manufacturer

An individual or company that makes goods or products available for consumer use through a process of converting raw materials or components into finished goods.

Claim Letter

A written communication sent to a company or individual to address and rectify an issue or concern, often regarding a product or service.

Hydraulic Fracturing

A method used in the extraction of natural gas or oil, where fluid is injected at high pressure into subterranean rocks to create fractures and enable the extraction of fossil fuels.

Inquiry Letter

A written communication sent to request information or clarify details about a particular issue, product, or service.