What Are the Two Main Factors That Need to Be

question 3

Multiple Choice

What are the two main factors that need to be considered when automatic reorder points are being set?

• A)Production capabilities and lead times.
• B)Inventory storage capacity and cash flow.
• C)Product availability and price.
• D)None of the options are correct.

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Definitions:

Hippocampus

A region of the brain that is associated with the formation of new memories and is involved in learning and emotions.

Temporal Lobes

Structures in the cerebral cortex that are located just above the ears and are involved in hearing, language processing, and memory.

Declarative Memory

A type of long-term memory concerning the recall of factual information, such as events, words, and concepts.

Rehearsal

The cognitive process of repeatedly practicing or going over information to keep it in memory.