Multiple Choice
Match the term with its definition. Some terms may not be used.
-A method of reducing inventory carrying costs by making or buying what is needed just as it is needed
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:

Verified
Correct Answer:
Verified
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