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Match the Term with Its Definition

Question 3

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A method of inventory control based on the use of two containers for each item in inventory, one to meet current demand and the other to meet future demand


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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