In Some Inventory Systems, Raw Materials Can Be Requisitioned by Automated

question 5

True/False

In some inventory systems, raw materials can be requisitioned by automated computer software when raw materials reach a predetermined level.

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Definitions:

Recession

A significant decline in economic activity across the economy, lasting for months or years, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Prosperous

Characterized by financial success and good fortune; denoting a state of economic well-being and growth.

Housewife

A term traditionally used for a woman who manages the household's daily operations and is not employed outside the home.

Labor Force

The total number of people who are currently employed or actively seeking employment within an economy.