BUISENESS MANAGEMENT
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Assessing what supplies the office has, and determining what supplies are needed is the process of completing a(n) ____
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statement
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inventory
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supply order
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Credit order
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Explanation:
Detailed explanation-1: -Just-in-time inventory management. Just-in-time (JIT) inventory management is a technique in which companies receive inventory on an as-needed basis instead of ordering too much and risking dead stock (inventory that was never sold or used by customers before being removed from sale status).
Detailed explanation-2: -Finished goods inventory comprises all the items that make it through the entire production process and are considered finalized products.
There is 1 question to complete.