Today,selection Techniques That Result in Reject Errors Can Open the Organization

question 85

Multiple Choice

Today,selection techniques that result in reject errors can open the organization to ________.

• A)decreased productivity and efficiency
• B)charges of employee discrimination
• C)reduced morale
• D)a weakened workforce
• E)negative social media ratings

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Definitions:

Inventory Holding Cost

The total cost incurred by holding inventory, including storage, insurance, spoilage, and opportunity costs.

Carrying Costs

Expenses associated with maintaining inventory, including storage, insurance, and opportunity costs.

Cycle Counting

An approach to stock audit where a limited selection of the inventory at a defined site is enumerated on a chosen date.

Service Level

A measure of the performance of a service system, often defined in terms of responsiveness to customer needs and reliability.