The "Redline Method" That Is Used in Inventory Management Is

question 38

Multiple Choice

The "redline method" that is used in inventory management is a:

• A)policy of drawing a red line around the firm's location to determine from which suppliers it should purchase raw materials.
• B)restriction imposed on the amount of inventory a company that uses a just-in-time inventory system can order.
• C)minimum credit score (hurdle) that a customer must possess to purchase inventory on credit from the selling firm.c
• D)method of controlling inventories by drawing a red line around the inside of a bin.
• E)method of controlling receivables by drawing a red line on invoices of companies that normally pay late.

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Definitions:

Functions

The roles or activities that an individual, system, or structure typically performs or is intended to perform within a particular context or system.

Mead's I and Me

Concepts from George Herbert Mead's social psychology theory that distinguish between the spontaneous, unorganized aspect of the self ('I') and the organized set of attitudes of others that one assumes ('Me').

Agent of Socialization

People or groups that influence our self-concept, emotions, attitudes, and behavior through the process of socialization, such as family, schools, and media.

Game Stage

A concept in child development where individuals learn to understand and assume roles within specific contexts, as theorized by George Herbert Mead.