The Practice of Acquiring Inventory Only in Response to a Completed

question 13

Multiple Choice

The practice of acquiring inventory only in response to a completed sale is called a(n) :

• A)economic order quantity.
• B)pull-through system.
• C)periodic inventory.
• D)perpetual inventory.

---

Definitions:

Using Analogies

The process of explaining a concept or idea by comparing it with something else that is more familiar or easier to understand.

General Intelligence

The theory that one common factor underlies intelligence.

Crystallized Intelligence

Intelligence that reflects both knowledge gained through experience and the ability to use that knowledge.

Fluid Intelligence

Intelligence that reflects the ability to process information, particularly in novel or complex circumstances.