QUESTION 20What are purchased items or extracted materials that will be transformed into components or products called?A. finished goods inventoryB. MRO inventoryC. raw materials inventoryD. distribution inventoryE. work-in-process inventoryQUESTION 21Which inventory function exists between the manufacturing plant and the distribution plant?OA. transportation inventoryOB. lot-size inventoryC. anticipation inventoryD. fluctuation inventoryE. speculative inventoryQUESTION 22In inventory management, when discussing customer service we mean:OA. whether repair of the product is available.B. whether the product is available regardless if the customer desires it or not.OC. whether the product is available when the customer wants it.OD. whether the customer wants the available product.OE. whether the customer is available when the product is.

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Answered: What are purchased items or extracted…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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What are purchased items or extracted materials that will be transformed into components or products called? OA. finished goods inventory B. MRO inventory C. raw materials inventory D. distribution inventory E. work-in-process inventory