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Match the Term with Its Definition

Question 109

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A system of classifying items in inventory by relative value


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

Correct Answer:

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