Which Inventory Management Situation Involves Independent Demand Systems

question 94

Multiple Choice

Which inventory management situation involves independent demand systems?

• A)JIT  
• B)EOQ  
• C)MRP  
• D)IRR

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Definitions:

Social Recognition

Informal acknowledgment, attention, praise, approval, or genuine appreciation for work well done from one individual or group to another.

Negative Reinforcers

In behavioral psychology, negative reinforcement is a process where an undesirable or harmful stimulus is removed after a particular behavior is exhibited, increasing the likelihood of that behavior being repeated in the future.

Extinction

In behavioral psychology, the process through which a conditioned response decreases or disappears as a result of repeated exposure without reinforcement.

Reinforcement

In psychology, a process by which a certain stimulus or action encourages a particular behaviour to occur again.