Asked by
Tyler Hockey
on Oct 18, 2024
Verified
What does the letter D represent in Figure 1?
A) Throughput
B) Inventory rate
C) Lead time
D) Review interval
Throughput
The quantity of goods and materials passing through a system or process in a given period, often used to measure the efficiency of production processes.
Inventory Rate
The speed at which inventory is sold or used over a particular period, often indicating the efficiency of inventory management.
Review Interval
The scheduled period between evaluations of a process, system, or performance, allowing for adjustments and improvements.
- Pinpoint and expound upon the differences between continuous and periodic review systems for inventory replenishment.
Verified Answer
DB
Learning Objectives
- Pinpoint and expound upon the differences between continuous and periodic review systems for inventory replenishment.