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Match the Term with Its Definition

Question 78

Multiple Choice

Match the term with its definition. Some terms may not be used.
-An index that determines the quantity to purchase in order to minimize total inventory costs


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

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