Which One of the Following Statements About Inventory Control Systems

question 158

Multiple Choice

Which one of the following statements about inventory control systems is BEST?

• A)A single-bin system is essentially a P system,with the target inventory and current inventory position established visually.
• B)A base-stock system minimizes ordering and setup costs by placing orders more infrequently.
• C)The base-stock system is mostly used for inexpensive items because it maximizes cycle inventory costs.
• D)Visual systems are intended for use with high-value items,such as jet engines,that don't experience a steady demand.

Explain how the phases of the Moon occur and their effect on its appearance from Earth.

Understand the Global Reporting Initiative, its goals, and its importance for sustainable business practices.

Comprehend the benefits and risks associated with ethics auditing.

Identify the importance of independent verification in the ethics audit process for adding credibility and objectivity.

---

Definitions:

Net Present Value

A financial calculation used to determine the value of a series of future cash flows by discounting them back to their value in today's dollars.

Required Rate Of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put their money into a particular security or project.

Capital Budgeting Approaches

Strategies and methodologies used by businesses to evaluate and select major investment and expenditure opportunities.

Conceptual Standpoint

A perspective or approach based on abstract ideas or theories rather than on practical applications.