Which of the Following Is Incorrect Regarding Inventory Management

question 58

Multiple Choice

Which of the following is incorrect regarding inventory management?

• A)The two fundamental inventory decisions are when to order and what to order
• B)Inventory management applies to goods and to services
• C)Different types of inventory characteristics require different approaches for control
• D)SKUs are often aggregated or partitioned into groups with similar characteristics or dollar value

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Definitions:

Company's Name

The distinctive designation of a business, under which it operates and is legally registered.

Target Market

designates a specific group of consumers at which a company aims its products or services.

Reminder Institutional

An advertising strategy aimed at reminding consumers about the existence and benefits of an institution, typically used to reinforce brand identity and loyalty.

U.S. Army

The land warfare service branch of the United States Armed Forces responsible for land-based military operations.