Question
Which of the following represents a method of managing inventory designed to minimize a company's investment in inventories by scheduling materials to arrive at the
Which of the following represents a method of managing inventory designed to minimize a company's investment in inventories by scheduling materials to arrive at the time they are needed for production?
A.The economic order quantity (EOQ)
B.Material resource planning (MRP)
D.Just-in-time (JIT)
C.First-in, first-out (FIFO)
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Financial Accounting
Authors: Jamie Pratt, Michael F Peters
11th Edition
1119745322, 978-1119745327
