_____ is a method of developing and maintaining an adequate assortment of materials or products to meet a manufacturer's or a customer's needs.

A. The materials-handling system
B. An inventory control system
C. Direct sourcing
D. Contract logistics
E. Warehousing


Answer: B

Business

You might also like to view...

The ideal inflation rate is also referred to as the

A. steady state inflation rate. B. NAIRU. C. inflation target. D. minimal inflation rate.

Business

A retail store prices its goods to achieve a gross margin of 30 percent. Up to the date of a fire that destroyed the store's inventory, sales were $200,000 and cost of goods available for sale was $150,000 . The estimated cost of the inventory destroyed is

a. $10,000. b. $35,000. c. $60,000. d. $50,000.

Business

Which question is not associated with the competition when conducting product screening?

a. Who is the competition? b. What is the break-even point? c. Can we sustain a competitive advantage? d. How will we compete?

Business

__________ represent the interests of union members in their relations with their immediate supervisor and other members of management.

A. Union leaders B. Business representatives C. Union stewards D. Mediators

Business