Which of the Following Statements Regarding Control of Service Inventories

question 133

Multiple Choice

Which of the following statements regarding control of service inventories is true?

• A) Service inventory is a fictional concept, because services are intangible.
• B) Service inventory needs no safety stock, because there's no such thing as a service stockout.
• C) Effective control of all goods leaving the facility is one applicable technique.
• D) Service inventory has carrying costs but no setup costs.
• E) Good personnel selection, training, and discipline are easy.

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Definitions:

Synchronous

Refers to events or processes that occur at the same time or at the same rate.

Exchange

The act of giving one thing and receiving another in return, especially in a trade or economic context.

Asynchronous Communications

A form of communication where the exchange of information occurs without requiring participants to be simultaneously active, enabling interaction without the need for immediate response.

Mail and Package Delivery

A service provided by various companies and postal systems that involves the collection, sorting, transportation, and delivery of letters and parcels.