Match the term with its definition.Some terms may not be used
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organisation
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-An index that determines the quantity to purchase in order to minimise total inventory costs.

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The Answer of Match the term with its definition.Some terms may not be used
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organisation
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-An index that determines the quantity to purchase in order to minimise total inventory costs.

Match the Term with Its Definition