The Process of Determining How Many Supplies and Goods Are

question 52

Multiple Choice

The process of determining how many supplies and goods are needed,keeping track of quantities on hand,each item's location,and who is responsible for it is called

• A) the economic order quantity model.
• B) just-in-time inventory management.
• C) material-requirements planning.
• D) inventory control.
• E) procurement.

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Definitions:

Methane

A colorless, odorless gas, CH4, that is the simplest alkane and a major component of natural gas, contributing to greenhouse gas emissions.

Potassium Chloride

A metal halide salt composed of potassium and chlorine, used in various applications including as a fertilizer, in medicine, and in food processing.

Lithium Bromide

A chemical compound used mainly in air conditioning systems as a desiccant due to its hygroscopic nature and in some pharmaceuticals; its formula is LiBr.

Electrolytes

Minerals in your body that have an electric charge, crucial for various bodily functions including nerve signaling and fluid balance.