Of the following statements:
I. "A" items usually account for about 70%?80% of the total usage value.
II. about 50% of the items usually account for 50% of the value.
III. "C" items should be given the top priority in inventory management.
A) II and III are true.
B) I and III are true.
C) Only III is true.
D) Only I is true.
E) I and II are true.
D
You might also like to view...
Which of the following terms depicts processing orders for goods that are stored by the seller, often, because the buyer is not ready or able to receive the goods at the time of the order?
a. Sham sales b. Side agreements c. Consignment sales d. Bill-and-hold sales
It is important to understand how your audience views your topic for all of the following reasons EXCEPT
a. you can adapt your speech to address their values and concerns. b. you can choose what information to keep from them. c. you can demonstrate how your messages matches their beliefs or values. d. you can be prepared to address misconceptions.
Batch level costs occur once for each unit produced
Indicate whether the statement is true or false
Consumers benefit in dealing with retail corporate chains because
A. corporate chains have more experience than other forms of retailers. B. there are multiple outlets, each with its own varied merchandise and different management policies. C. they can own stock in the same company where they shop since corporate chain stock must be publicly-traded. D. the latter can bargain with a manufacturer to obtain product volume discounts on orders, which can be passed on to consumers in terms of lower prices. E. merchandise is arranged and displayed by professional designers making their shopping experience less stressful.