_____ set predetermined times to ship given quantities of needed products at a given price.
A) Purchase orders
B) Standing orders
C) Economic order quantities
D) Scheduled inventories

Question

Quizplus · Accepted Answer

Standing orders set predetermined times to ship given quantities of needed products at a given price. Purchase orders are requests for products or services to be delivered at a specific time and price. Economic order quantities determine the optimal inventory level to minimize costs. Scheduled inventories refer to the process of counting and recording inventory levels at specific times.

_____ Set Predetermined Times to Ship Given Quantities of Needed