Which of the Following Refers to a Special Type of Inventory

question 78

Multiple Choice

Which of the following refers to a special type of inventory system in which the needed amount of each component of a product is figured on the basis of the amount of the final product to be produced?

• A) The six sigma system
• B) The economic order quantity system
• C) The material requirements planning system
• D) The ABC classification system
• E) The kaizen system

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Definitions:

Outside Influences

External factors or forces that can affect a person's decisions, behaviors, or outcomes, often beyond their immediate control.

External Adaptation

The process through which an organization or individual adjusts to changes in the external environment to survive and thrive.

Internal Integration

A shared identity with agreed-upon methods of working together.

Organizational Survival

Refers to the ways in which a company maintains its existence and sustains its operations over time in a competitive marketplace.