Multiple Choice
A backorder is ______.
A) a customer order a company was unable to meet because the item demanded was not in stock
B) a customer order a company is unable to fulfill because the product is not exactly as per customer specifications
C) a customer order a company is unable to fulfill because the customer has not been able to finance the purchase
D) a customer order a company is unable to fulfill because the product does not meet manufacturing tolerances
Correct Answer:
Verified
Correct Answer:
Verified
Q22: Periodic review systems are _.<br>A)characterized by a
Q23: Which of the following is NOT true
Q24: Just-in-time replenishment practices include _.<br>A)continuous replenishment programs
Q25: The ABC classification method classifies inventory based
Q26: Ordering costs include _.<br>A)warranty costs<br>B)the cost of
Q28: Which of the following is true with
Q29: Active tags are _.<br>A)useful for tracking high-value
Q30: Yield management _.<br>A)is also called profit management<br>B)is
Q31: Tangible stock-out costs include _.<br>A)permanent loss of
Q32: An inventory held to reduce or eliminate