A backorder is ______.
A) a customer order a company was unable to meet because the item demanded was not in stock
B) a customer order a company is unable to fulfill because the product is not exactly as per customer specifications
C) a customer order a company is unable to fulfill because the customer has not been able to finance the purchase
D) a customer order a company is unable to fulfill because the product does not meet manufacturing tolerances
Correct Answer:
Verified
Q34: Which of the following is NOT a
Q35: An inventory held to reduce or eliminate
Q36: Inventory turnover measured annually is _.
A)the ratio
Q37: Order-fulfillment lead time is _.
A)the average time
Q38: A high inventory turnover ratio indicates that
Q40: Inventory turnover is _.
A)a measure of how
Q41: The ABC classification method classifies inventory based
Q42: Periodic review systems are _.
A)characterized by weekly,monthly,or
Q43: In a single-period system,_.
A)the entire inventory of
Q44: Which of the following is NOT associated
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