Question: Question 12 20 Using independent / dependent demand principle means: A. Demand for services or products with a dependent demand is forecasted. B. Demand for

Question 12 20 Using independent / dependent

Question 12 20 Using independent / dependent demand principle means: A. Demand for services or products with a dependent demand is forecasted. B. Demand for services or products with an independent demand is calculated. C. Neither of the above. 21 The level of inventory in an organization reflects: A. Rate of supply. B. Rate of demand. C. Both A and B. 22. Underlying purpose of inventory is to: A. Uncouple the various phases of a service delivery system or manufacturing process. B. Provide overall support for a service delivery system or manufacturing process. C. None of the above 23. ERP is a software package that allows an organization to: A. Integrate fully, many of the other processes in the organization... B. Share a common database and, as a result, also share best practices. C. None of the above

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