Ask Question
BusinessBusiness
24 February, 15:09

Which type of buying method attempts to predict in advance how much inventory will be needed during a specific time period

+2
Answers (1)
  1. 24 February, 19:02
    0
    Which type of buying method attempts to predict in advance how much inventory will be needed during a specific time period? Economic order quantity. The economic order quantity is also know as EOQ. EOQ is the number of units an company should add while doing inventory, this eliminates them from having to order more frequently resulting in more ordering costs.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which type of buying method attempts to predict in advance how much inventory will be needed during a specific time period ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is not characteristic of monopolistic competition? A) relatively large numbers of sellers C) production at minimum ATC in the long-run B) product differentiation D) relatively easy entry to the industry
Answers (1)
Assif mandvi's imitation of an american answering a call for "tech support" was an example of
Answers (1)
Choose the best response for each of the following statements. a. When the Federal Reserve makes an open market purchase, the Fed: buys bonds from the public, which decreases the money supply.
Answers (1)
A target audience is the group of customers that is singled out to be reached by an advertising campaign or other promotion. T/F
Answers (1)
A small business owner usually establishes a business for the main purpose of _.
Answers (1)
New Questions in Business
A building with a book value of $54,000 is sold for $63,000 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a.
Answers (1)
What is a diversionary incentive? a. a temptation to switch trading partners to get a better deal b. an opportunity to change international agreements while other states are preoccupied with a conflict c. a payoff for avoiding war d.
Answers (1)
A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a month. True or False?
Answers (1)
Bank of the Atlantic has liabilities of $4 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $5 million with an average maturity of 5 years earning interest rates of 6.0 percent annually.
Answers (1)
Why does unoka consult the oracle? what does the oracle tell him?
Answers (1)
Home » Business » Which type of buying method attempts to predict in advance how much inventory will be needed during a specific time period
Sign Up Forgot Password?