Exam (elaborations)
prepbus
- Course
- BUS101
- Institution
- Boise State University
Use this to study for quizzes,midterm, and final.
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1.Joleen works in a warehouse. Among her duties, she must keep track of how many supplies and goods are on hand in the warehouse as well as a listing of where each item is located and who is responsible for each item. Joleen is responsible for ______2.inventory control
3.The produce department in a grocery store must have the correct amount of fresh fruits and vegetables on hand to satisfy customer needs without overstocking produce that will become rotten. A grocery store most likely employs a(n) ______ inventory method.
4.just-in-time
5._____ is an inventory approach that identifies the optimum number of items to be ordered to minimize the costs of managing them.
6.EOQ
7.Fabulous Fixtures manufactures custom lighting for its clients. Along with finished
pieces, the company's warehouse houses tools, electrical components, glass and metal housings, and a wide array of decorative materials. All of these items are part of Fabulous Fixtures' ______.
8.inventory
9.The goal of JIT is to ______.
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