In Which Type of Inventory Control System Is the Entire

question 65

Multiple Choice

In which type of inventory control system is the entire inventory of a product ordered at one time and not replenished upon consumption?

• A)single-period system
• B)multi-period system
• C)continuous replenishment system
• D)instant-ordering system

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Definitions:

Performance Effectiveness

An output measure of task or goal accomplishment.

Outputs

The final products, services, or results produced by a process, system, or organization.

Inputs

Resources, materials, or information that are used to produce goods or services in a process or system.

Complex Systems

Systems composed of interconnected parts that as a whole exhibit one or more properties not obvious from the properties of the individual parts.