When storage space or the type of item does not suit the two-bin system,the owner can use the ________.
A)sales system
B)inventory system
C)tag system
D)weighted average system

Question

Quizplus · Accepted Answer

The tag system is useful when the two-bin system is not practical, such as for oversized items or when storage space is limited. With the tag system, items are tagged and stored separately, and the tag is used to indicate when the item needs to be re-ordered. This helps to prevent stock shortages and ensures that the owner always has the necessary items on hand. The sales system and inventory system are not as relevant in this scenario, as they are more focused on tracking sales or inventory levels rather than managing re-orders. The weighted average system is more relevant for costing inventory and determining unit prices, rather than managing re-orders.

When Storage Space or the Type of Item Does Not