In the ABC system of inventory management, the ________ method could be utilized to control C items.
A) basic economic order quantity
B) materials requirement planning
C) two-bin
D) just-in-time

Question

Quizplus · Accepted Answer

The Two-bin method is typically used for items categorized as C in ABC inventory management, which have low value and low usage. This method involves keeping two bins of the item, and when the first bin is emptied, it triggers an order for a replenishment of the item. Since C items have low value, this method allows for efficient use of space and resources. The basic economic order quantity, materials requirement planning, and just-in-time methods are typically used for items categorized as A or B in ABC inventory management, which have higher value and usage.

In the ABC System of Inventory Management, the ________ Method