Question: (CO3) The ______________ classifies inventory into high, medium, and low dollar volume. ABC Inventory Analysis Cycle Counting EOQ Model Probabilistic Model ERP does not exist

(CO3) The ______________ classifies inventory into high, medium, and low dollar volume.
ABC Inventory Analysis
Cycle Counting
EOQ Model
Probabilistic Model

ERP does not exist in the service sector since there is no inventory to manage.
True
False

Enterprise Resource Planning involves the following modules:
Human Resources
Finance
Supply Chain Management
All of these answers are correct.
None of these answers are correct

A system that provides better and faster response to customer demand involves:
Supply Chain Management
Material Requirements Planning
Total Quality Management
Forecasting

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