Inventory Control

question 49

Multiple Choice

Inventory control:

• A) is not necessary for small firms.
• B) eliminates the need to carry inventory.
• C) balances the cost of carrying inventory with the cost of lost sales.
• D) requires a computerized inventory system.

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Definitions:

Crosstube

Transfers steering motion from the steering gear side of the chassis to the opposite side by means of an adjustable rod, forcing the steering knuckles to act in unison. Also called a tie-rod.

Worm Gear

Spiraled single-groove shaft gear.

Hourglass Shape

Describes an object or figure with a narrow middle section flanked by wider top and bottom sections, resembling the shape of an hourglass.

Over-center Operation

A mechanical principle where a lever or mechanism goes beyond the center point of its range, achieving a locked or stable position.