The Inventory Management Approach That Attempts to Minimize,if Not Eliminate,carrying

question 54

Multiple Choice

The inventory management approach that attempts to minimize,if not eliminate,carrying and stockout costs is

• A) materials requirements planning.
• B) economic order quantity.
• C) just-in-time inventory.
• D) evaluated receipt settlement.

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Definitions:

Ypsilanti

A city located in Washtenaw County in the U.S. state of Michigan, often associated with research and education due to the presence of Eastern Michigan University.

Developmentally Appropriate Practice

Education that focuses on the typical developmental patterns of children (age-appropriateness) and the uniqueness of each child (individual-appropriateness). Such practice contrasts with developmentally inappropriate practice, which relies on abstract paper-and-pencil activities presented to large groups of young children.

Mentally Active

The state of engaging in activities or exercises that stimulate cognitive functions and contribute to brain health.

Elementary School

An institution for educating children typically from ages five to eleven, covering grades kindergarten through fifth or sixth in the United States.