The cashier waved the can of golden hominy across the holographic bar code reader and it emitted a piercing beep. At the same time the customer's bill was rising, the grocery store's inventory was automatically being reduced by 1 can of golden hominy down to 3 cans. This was the bare minimum amount of hominy the store manager dared carry in inventory, so the computer system automatically sent a message to the hominy man, who loaded a few cases onto his delivery truck for tomorrow morning's trip to replenish the store. This is a classic example of:
A) a periodic review system.
B) safety stock.
C) a continuous review system.
D) cycle stock.
Correct Answer:
Verified
Q28: A company that orders at their economic
Q29: Which of these conditions is NOT necessary
Q30: Which of these conditions is likely to
Q31: Central Perk orders their organic coffee filters
Q32: If annual demand increases by 100%, the
Q34: Willard offers infestation services for friendly tenants
Q35: The campus bookstore sells 4,000 sets of
Q36: A recently-divorced father checks the level of
Q37: Safety stock increases when:
A)probability of a stockout
Q38: The campus bookstore sells 4,000 sets of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents