Which of the following refers to the receiving, storing, handling, and counting of all raw materials, partly finished goods, and finished goods?
A) Materials handling
B) Inventory control
C) Quality control
D) Wholesaling
E) Distribution control
Answer: B
Explanation: B) Inventory control ensures that enough materials inventories are available to meet production schedules, while at the same time avoiding expensive excess inventories.
You might also like to view...
Private mortgage insurance typically is not needed with a down payment of 20% or larger. Why?
A) Not true, all mortgage loans require PMI. B) Buyers who have large down payments don't choose the extra insurance. C) Buyers who invest large down payments are more motivated to make their mortgage payments. D) All of the above E) None of the above
A person that becomes statically charged can damage electronic equipment by an electric discharge
Indicate whether the statement is true or false.