The ________ Is a Technique That Divides Inventory into Three

question 62

Multiple Choice

The ________ is a technique that divides inventory into three groups, according to dollar investment.

• A) JIT system
• B) ABC system
• C) EOQ model
• D) LIFO model

---

Definitions:

Asch

Refers to Solomon Asch, known for his research on conformity, including his famous experiments that demonstrated the power of social pressure.

Milgram

Stanley Milgram was a psychologist best known for his controversial experiment on obedience to authority figures, conducted in the 1960s.

Compliance

The act of conforming to a request, command, or set of rules, often analyzed in social psychology to understand obedience and group behavior.

Obedience

A form of social influence where an individual acts in response to a direct order from another individual, usually an authority figure.