A Quantity of Merchandise or Materials Over the Minimum Needed

question 73

Multiple Choice

A quantity of merchandise or materials over the minimum needed reduce the risk of running short is called:

• A) Just-in-time inventory.
• B) Budgeted stock.
• C) Continuous inventory.
• D) Capital stock.
• E) Safety stock.

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Definitions:

Environment

Surroundings.

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The part of a person's field of vision that occurs outside the direct line of sight, enabling one to see objects and movements at the edge of their visual field.

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Pathology

The medical science that studies the causes and effects of diseases, especially the structural and functional changes in tissues and organs.