To Reduce Inventory Management Costs, Many Companies Use a System

question 145

Multiple Choice

To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.

• A) just in time (JIT)
• B) level loading
• C) stock outing
• D) logistics management
• E) enterprise resource planning (ERP)