An Inventory System in Which the Inventory Stock Is Replenished

question 13

Multiple Choice

An inventory system in which the inventory stock is replenished by a fixed amount whenever the inventory on hand decreases to a predetermined level is a

• A)periodic system
• B)continuous system
• C)ABC system
• D)fixed-time-period system

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Definitions:

Design of Work

The process of structuring jobs, tasks, and organizational environments to maximize employee productivity and satisfaction.

Paul Thayer

A psychologist known for his contributions to industrial and organizational psychology, focusing on human factors and personnel selection.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive work unit.

Job Enlargement

is an approach to job design that increases the number of tasks for a worker, aiming to make the work more varied and interesting.