The process of determining how many supplies and goods are needed,keeping track of quantities on hand,each item's location,and who is responsible for it is called
A) the economic order quantity model.
B) just-in-time inventory management.
C) material-requirements planning.
D) inventory control.
E) procurement.

Question

Quizplus · Accepted Answer

Inventory control is the process of determining how many supplies and goods are needed and keeping track of quantities on hand,where each item is,and who is responsible for it.

The Process of Determining How Many Supplies and Goods Are