The Management at Barks-A-Million Is Considering a New Inventory Control

question 86

Multiple Choice

The management at Barks-a-Million is considering a new inventory control system.The current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials - resulting in markdowns and high carrying costs.The new system will focus on reducing or completely eliminating carrying costs,most likely employing

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

---

Definitions:

Feeling Inside

The internal emotional state or sensation experienced by an individual, often influenced by thoughts and external events.

Audiometric Assessment

A series of tests conducted to evaluate an individual's hearing capabilities, determining the extent of hearing loss.

Conduction Deafness

Hearing loss due to problems with the transmission of sound waves through the outer and middle ear to the inner ear.

Frequency

The need to void urine often, though usually only a small amount at one time.