The inventory control method that uses a targeted service level allowing for the variability of supply and demand is
A. ABC method.
B. economic order quantity.
C. just-in-time inventory system.
D. statistical inventory control.
Answer: D
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A bank is said to have ____ when its average costs decline when it offers a wider variety of products.
A. economies of scope. B. economies of scale. C. cost diminution. D. decreasing returns to scale.
A department store is an example of a manufacturer
a. True b. False Indicate whether the statement is true or false
When companies search for new ways to satisfy customers and distinguish their offering from others, they look at the ________ product, which encompasses all the possible augmentations and transformations of the product
A) consumption B) expected C) potential D) augmented E) basic
When Adrian sold a computer network to a Fortune 500 company, he often called on the company's purchasing department to see if employees were satisfied with the network and to see if the company had any need for an upgrade or additional software. This is an example of:
A. transaction selling. B. customer maintenance. C. proactive marketing. D. transformational selling. E. relationship selling.