The practice of acquiring inventory only in response to a completed sale is called a(n):
A)economic order quantity.
B)pull-through system.
C)periodic inventory.
D)perpetual inventory.

Question

Quizplus · Accepted Answer

A pull-through system is a production and inventory control system in which materials and components are acquired and processed only when they are needed to fill a customer's order. It is sometimes called a "just-in-time" system. This system is in contrast to a push-through system, which produces products in advance of a customer order and then stores them until they are sold. The other choices (A, C, and D) refer to different inventory control methods but do not specifically relate to the practice of acquiring inventory only in response to a completed sale.

The Practice of Acquiring Inventory Only in Response to a Completed