Which of the Following Refers to a Logistics System Designed

question 55

Multiple Choice

Which of the following refers to a logistics system designed to deliver parts to a production process as they are needed,not before?

• A)inventory information system
• B)basket trading system
• C)buffer stock system
• D)just-in-time inventory system
• E)real-time processing system

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Definitions:

Revenues

Income generated from normal business operations and includes discounts and deductions for returned merchandise.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership stake of the owners.

Revenues

The total income generated from normal business operations and other activities over a specific time period.

Expenses

The costs incurred in the process of generating revenue, including operational, administrative, and sales costs.