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Which of the Following Inventory Control Systems Can Be Beneficial

Question 108
Multiple Choice

Which of the following inventory control systems can be beneficial to both the supplier and the customer, even if the two are separated by distances across the globe? A) ABC classification B) Economic order quantity C) Electronic data interchange D) Visual control

Related questions
Q 109
The inventory system that has supplies arriving as close to the time they are needed as possible is known as A) Perpetual inventory system B) Virtual inventory system C) Electronic data interchange inventory system D) Just-in-time inventory system
Q 110
Just-in-time inventory is most effective when A) It is the only system used. B) It is part of an overall philosophy. C) It is used only part of the time. D) It is structured around marketing only.
Q 111
In order for just-in-time to be effective, all but which of the following must occur? A) It needs to be a part of an overall philosophy. B) Continuous improvement needs to be the goal of all employees. C) Accurate forecasting of demand and production must occur. D) Projected forecasts of demand and production are sufficient.
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