Which of the following is incorrect regarding inventory management?
A) The two fundamental inventory decisions are when to order and what to order
B) Inventory management applies to goods and to services
C) Different types of inventory characteristics require different approaches for control
D) SKUs are often aggregated or partitioned into groups with similar characteristics or dollar value
Correct Answer:
Verified
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Q44: Demand that incorporates uncertainty is called _.
A)Static
B)Dynamic
C)Stochastic
D)Deterministic
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A)Result from lost sales
B)Have little financial
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