The Management at Barks-A-Million Is Considering a New Inventory Control

Multiple Choice

The management at Barks-a-Million is considering a new inventory control system.The current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials - resulting in markdowns and high carrying costs.The new system will focus on ensuring that these costs are minimized.The new inventory control system will likely employ

A) a reorder point.
B) a just-in-time inventory system.
C) the economic order quantity.
D) materials requirements planning.