Question: Can someone please help me with the questions below?!? QUESTION 7 The following is TRUE about Inventory: CA Firms increase inventory because more inventory means

Can someone please help me with the questions below?!? Can someone please help me with the questions
Can someone please help me with the questions
Can someone please help me with the questions
QUESTION 7 The following is TRUE about Inventory: CA Firms increase inventory because more inventory means more movement of materials B. Firms increase inventory because more inventory sitting for longer periods of time present more opportunities for damage, errors, rework, theft, and obsolescence Firms increase inventory because there are price discounts or transportation discounts associated with ordering in larger quantities D. Firms increase inventory because the more we spend on inventory, the more we need to spend on other inventory-related expenditures E. Firms increase inventory because there is an opportunity cost to holding inventory QUESTION 11 Inventory items whose demand levels are tied directly to a company's planned production of another item is called: A. Planned demand inventory B. Direct demand inventory Indirect demand inventory D. Independent demand inventory E. Dependent demand inventory QUESTION 12 The following is a TRUE statement about inventory within a continuous review system: A. When holding costs decrease, Economic Order Quantity increases B. When demand decreases, Economic Order Quantity increases When service level increases, Economic Order Quantity increases D. When holding costs increase, Economic Order Quantity increases When ordering or setup costs decrease, Economic Order Quantity increases QUESTION 13 When the pharmacy's inventory management system tracks the inventory levels of all drugs and signals to the pharmacist to place an order when inventory levels are getting low, they are utilizing which type of inventory management system? A Continuous Review B. Periodic Review C. Automated Review D. Audited Review E. Scheduled Review

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