Jim is in charge of inventory control for his company.He has parts and materials set aside that are not to be used unless absolutely necessary.Jim uses a(n)________ inventory control system.
A) just-in-time
B) reserve stock system
C) stock book solution
D) manual eyeballing
E) ERP

Question

Quizplus · Accepted Answer

Jim is using a reserve stock system where certain parts and materials are kept in reserve and only used when necessary. This type of system allows for better inventory control and can prevent waste or shortages. Just-in-time and ERP systems rely on more frequent and precise inventory ordering and management, while a stock book solution and manual eyeballing involve more manual tracking and observation of inventory levels.

Jim Is in Charge of Inventory Control for His Company