Match these items.
-Continuous replenishment
A) Inventory used to smooth demand's load on resources
B) Maintenance, repairs and operating inventory
C) Similar to JIT approach, only in retailing
D) Reorder point model
E) Order size is equal to net requirement
F) Includes the opportunity cost of dollars invested
G) Used in MRP to time the planned order
H) Inventory transported in trucks
I) MRP system
J) ABC analysis
Correct Answer:
Verified
Q46: Match these items.
-Backward scheduling
A) Inventory used to
Q47: Match these items.
-Carrying costs
A) Inventory used to
Q48: Match these items.
-Prioritizing inventory
A) Inventory used to
Q49: Match these items.
-Level production
A) Inventory used to
Q50: Match these items.
-Lot-for-lot ordering
A) Inventory used to
Q51: Match these items.
-Independent demand
A) Inventory used to
Q53: Match these items.
-Fixed quantity, variable interval system
A)
Q54: An Italian restaurant uses an average of
Q55: Using the information given below and
Q56: Assume that you are a manager
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