Inventory Needs Under a Derived-Demand Inventory System Are

question 28

Multiple Choice

Inventory needs under a derived-demand inventory system are:

• A)primarily dependent upon the competitive demands placed on a firm's suppliers.
• B)based on the anticipated demand for the finished product.
• C)based on minimizing the cost of restocking inventory.
• D)held constant over time.
• E)determined by a kanban system.

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Definitions:

Trade Routes

Established paths or networks used for the commercial exchange of goods and services across regions or countries.

Monumental Structures

Large and significant buildings or constructs, often with historical, cultural, or architectural importance.

Central Governments

The primary governmental authority that governs an entire nation or state, responsible for making and enforcing laws at the national level.

Equality

The state or quality of being equal, especially in status, rights, and opportunities.