The Need for Safety Stock Can Be Reduced by an Inventory

question 80

Multiple Choice

The need for safety stock can be reduced by an inventory planning strategy which:

• A)increases lead time.
• B)increases lead time variability.
• C)increases lot sizes.
• D)decreases ordering costs.
• E)decreases lead time variability.

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Definitions:

Nonverbal

Communication without the use of spoken language, involving gestures, body language, facial expressions, and other visual cues.

Gestures

Physical movements of the body, especially hands and arms, used to express ideas or feelings.

Posture

The way one holds their body when standing or sitting, which can communicate nonverbal cues about confidence, openness, or submissiveness.

Ethical Standards

Principles that govern the behavior of individuals and organizations, outlining what is considered morally right and wrong.