Question: A bank needs to know how much a customer has in their account at any particular time. This enables the bank to determine if the

A bank needs to know how much a customer has in their account at any particular time. This enables the bank to determine if the customer has available funds for a withdrawal from their account.

Which inventory system should the bank use?

O Active maintenance system

C Periodic inventory system

Daily cycle count system

Perpetual inventory system

A production company wants to avoid stockouts, so they increase the level of their safety stock. This enables them to cover demand over the lead time necessary for receiving their next order.

Which inventory system is the company using?

Periodic inventory system

O Active maintenance system

O Perpetual inventory system

0 Daily cycle count system

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