What Is a Method of Developing and Maintaining an Adequate

question 147

Multiple Choice

What is a method of developing and maintaining an adequate assortment of materials or products to meet a manufacturer's or a customer's needs?

• A)the materials-handling system
• B)an inventory control system
• C)contract logistics
• D)warehousing logistics

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Definitions:

Disbursements Section

A part of cash flow management that records cash outflows or payments made by a business during a specific period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping managers ensure that sufficient cash is available for operations.

Budgeted Sales

The projected amount of sales, often expressed in units or revenue, that a company expects to achieve in a specific period.

Production Budget

An estimate of the total units that must be produced in a given period to meet sales and inventory needs.