The ________ is an inventory management technique that compares production needs to available inventory balances and determines when orders should be placed for various material inputs.
A) ABC system
B) EOQ model
C) MRP system
D) JIT system

Question

Quizplus · Accepted Answer

The technique described in the question is most likely the Material Requirements Planning (MRP) system, which is specifically designed for production planning and inventory control. The other options may also be relevant to certain inventory management scenarios, but do not directly match the technique described in the question.

The ________ Is an Inventory Management Technique That Compares Production