The Primary Role of Cycle Inventory Is to Allow Different

question 28

Multiple Choice

The primary role of cycle inventory is to allow different stages in the supply chain to

• A)purchase product in lot sizes that maximize the sum of the material,ordering,and holding cost.
• B)purchase product in lot sizes that minimize the sum of the material,ordering,and holding cost.
• C)sell product in lot sizes that maximize the sum of the material,ordering,and holding cost.
• D)sell product in lot sizes that minimize the sum of the material,ordering,and holding cost.

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Definitions:

Rehearsal

The repetition of an event that keeps the memory of that event in the short-term store.

Recall

Recall in psychology refers to the mental process of retrieving information from the past, which can be immediate, recent, or remote memories.

Phonological Loop

A component of working memory involved in the temporary storage and manipulation of verbal and auditory information.