The Situation When Inventories Are Held at More Than One

question 151

Multiple Choice

The situation when inventories are held at more than one location in a company's outbound distribution supply chain is referred to as:

• A)A-B-C classification for inventory management.
• B)order up to level inventory management.
• C)economic production quantity inventory planning.
• D)multi-echelon inventory management.
• E)basic economic order quantity inventory model.

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Definitions:

Discretionary Income

The amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities are accounted for.

Alternative Firms

Companies that offer non-traditional or unconventional products, services, or methodologies as compared to mainstream options.

Riparian Owner

An individual or entity that owns land adjoining a river or stream, with certain rights and responsibilities regarding water usage and protection.

Natural Stream

A watercourse that flows naturally without human intervention, which can include rivers, brooks, creeks, and rills.