Periodic review inventory systems
a. are less subject to stockouts than corresponding continuous review systems.
b. require larger safety stock levels than corresponding continuous review systems.
c. have constant order quantities.
d. make the coordination of orders for multiple products more difficult.
b. require larger safety stock levels than corresponding continuous review systems.
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Payne Company provided the following information relevant to its inventory sales and purchases for December Year 1 and the first quarter of Year 2: Dec. Year 1Jan. Year 2Feb. Year 2Mar. Year 2 (Actual)(Budgeted)(Budgeted)(Budgeted)Cost of goods sold$80,000 $140,000 $180,000 $120,000 Desired ending inventory levels are 25% of the following month's projected cost of goods sold. The company purchases all inventory on account. January Year 2 budgeted purchases are $150,000. The normal schedule for inventory payments is 60% payment in month of purchase and 40% payment in month following purchase.Budgeted cash payments for inventory in February Year 2 would be:
A. $159,000. B. $132,600. C. $99,000. D. $152,600.
The triple constraint of project management includes the constraint of:
A. Adoption. B. Time. C. Technical issues. D. Usability.
When preparing your message for your audience, which of the following will have the least effect on the adaptation process?
A) The size of the audience B) The scope of the presentation C) The subject of the presentation D) The purpose of the presentation E) The venue for the presentation
Of the following, which has the potential to be a moral leader?
A. teacher B. manager C. religious leader D. all of these