If 40 Units Are on Hand,the Gross Requirements for the Next

question 64

Multiple Choice

If 40 units are on hand,the gross requirements for the next period are 120 units,and scheduled receipts for the next period is 200 units,what will the on-hand inventory level be at the beginning of the next period?

• A)40
• B)80
• C)120
• D)160
• E)200

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Definitions:

Excessive Requirements

Unreasonably high or unnecessary conditions or stipulations imposed, often making processes or achievements difficult to attain.

Unions

Organizations formed by workers from related sectors that work towards securing better pay, benefits, and working conditions for their members.

Economic Efficiency

A state where resources are allocated in the most beneficial way, maximizing output while minimizing waste.

Unions

Organizations that workers join to protect their interests and rights through collective bargaining.