COMM 225 File ch13, Chapter 13 Inventory Management Concordia University questions and answers 100% passed
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Course
COMM 225
Institution
Concordia University (
)
COMM 225 File ch13, Ch apter 13 Inventory Management Concordia University questions and answers 100% passed
True/False
1. Inventory management is concerned with how much to order and when to order.
Ans: True Difficulty:
Moderate
Feedback: The Elements of Inventory Management
2. Dependent dem...
13. The reorder point is the level of inventory that promts a new order to be placed in
a continuous inventory system.
Ans: True Difficulty:
Moderate
Feedback: Inventory Control Systems
14. The time between orders is variable and the order quantity is constant in the
periodic inventory system.
Ans: False Difficulty:
Moderate
Feedback: Inventory Control Systems
15. Seasonal inventory allows a firm to maintain a smooth production flow
throughout the year.
Ans: True
Difficulty: Easy
Feedback: The Role of Inventory in Supply Chain Management
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