Cycle Inventory Is Primarily Held to

question 34

Multiple Choice

Cycle inventory is primarily held to

• A)take advantage of diseconomies of scale and increase cost within the supply chain.
• B)take advantage of diseconomies of scale and reduce cost within the supply chain.
• C)take advantage of economies of scale and increase cost within the supply chain.
• D)take advantage of economies of scale and reduce cost within the supply chain.

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Definitions:

Processing Speed

The rate at which an individual can perceive, understand, and respond to information or stimuli.

Rehearsal

A strategy for remembering that usually involves continuing to actively process to-be-remembered material, like repeating it to oneself.

Working Memory

The part of the cognitive machinery that holds information one is actively thinking about at the moment; also referred to as short-term memory.

Retrieval

What we usually mean by remembering, that is, getting information out of mental storage so we can use it.