The Inventory That Is Built Up to Counter Predictable Variability

question 47

Multiple Choice

The inventory that is built up to counter predictable variability in demand is called

• A)cycle inventory.
• B)safety inventory.
• C)seasonal inventory.
• D)sourcing.

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Definitions:

Declarative

Pertaining to statements or assertions that convey knowledge, facts, or claims.

Procedural

Related to a prescribed or established way of doing something, often referring to methods or processes in legal, policy, or scientific contexts.

Self-schema

A cognitive representation of oneself that organizes and guides the processing of self-related information.

Declarative

Pertaining to knowledge that can be consciously recalled and articulated, such as facts or information.