Inventory-management applications use past data to compute stocking levels,reorder levels,and reorder quantities in accordance with inventory policy.

Name: Inventory-management applications use past data to compute stocking levels,reorder levels,and reorder quantities in accordance with inventory policy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inventory-management applications utilize historical data to determine the appropriate levels of stock, reorder points, and reorder quantities based on established inventory policies.

Inventory-Management Applications Use Past Data to Compute Stocking Levels,reorder Levels,and