A Disadvantage of Maintaining High Inventory Levels Includes

question 39

Multiple Choice

A disadvantage of maintaining high inventory levels includes

• A)providing a "buffer" to protect against process problems.
• B)hiding underlying production problems such as unexpected scrap and rework.
• C)maintaining inventory is wasteful and unnecessary.
• D)both hiding underlying production problems and the fact that maintaining inventory is wasteful and unnecessary are disadvantages of maintaining inventory.

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Definitions:

Linguistic-Relativity Hypothesis

The idea that the structure of a language affects its speakers' cognition or world view.

Nativist Theory

The hypothesis that some talents or capabilities are innate or embedded in the brain from birth.

Empiricist Theory

A philosophical perspective emphasizing that knowledge comes primarily from sensory experience and observation rather than inherent ideas.

Observer-Expectancy Effect

refers to a cognitive bias wherein a researcher's expectations influence the participants of an experiment, potentially affecting the outcome.