An owner wants to always know the number of units in inventory.What inventory system should the owner use?
A) ABC
B) perpetual
C) physical
D) just-in-time

Question

Quizplus · Accepted Answer

A perpetual inventory system would provide real-time tracking of inventory levels, allowing the owner to always know the exact number of units in stock. The ABC inventory system categorizes inventory based on value and demand, the physical inventory system requires periodic physical counts to determine inventory levels, and the just-in-time system aims to have inventory delivered as needed to minimize excess stock on hand. None of these options would be as effective as a perpetual system for the owner's specific need of always knowing inventory levels.

An Owner Wants to Always Know the Number of Units