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Match the Term with Its Definition

Question 14

Essay

Match the term with its definition.Some terms may not be used.
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organization
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-A method of inventory conrol based on the use of two containers for each item in inventory,one to meet current demand and the other to meet future demand

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