A Demand-Based Option in Which the Operations Department Uses Inventories

question 103

Multiple Choice

A demand-based option in which the operations department uses inventories and back orders to react to demand fluctuations is called

• A) hyperactive
• B) inactive
• C) proactive
• D) reactive
• E) retroactive

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Definitions:

Irrigation

Irrigation is the artificial application of water to land to assist in the growing of crops and vegetation or to replenish depleted aquifers.

Slash-And-Burn Horticulture

A farming method that involves cutting and burning plant life to create fields for agriculture.

Equivalent Value

A concept referring to the equality of value between two entities, often used in economics and exchange theories.

Hard Bargaining

A negotiation strategy involving firm stands on demands and little willingness to compromise.