The Management at Sad Clown Pajamas,an Internet-Based Wholesaler,is Considering a New

question 36

Multiple Choice

The management at Sad Clown Pajamas,an Internet-based wholesaler,is considering a new inventory control system.The current system is inadequate because it results in stockouts that interrupt production and excess stocks of some materials that result in markdowns and high carrying costs.The new system,which will focus on reducing or completely eliminating carrying costs,will employ

• A) a just-in-time inventory system.
• B) the economic order quantity.
• C) a reorder point.
• D) materials requirements planning.

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Definitions:

Ultradian Rhythm

Biological rhythms with a cycle shorter than 24 hours, such as stages of sleep or the pattern of hormonal release.

Free-Running Rhythm

Rhythm of the body’s own devising in the absence of all external cues.

Zeitgeber

Environmental event that entrains biological rhythms; German for “time giver.”

Entrained

The synchronization of an organism's circadian rhythms to that of an external rhythm in its environment.