Results for: inventory-observation

What are the six types of inventions?

Cycle inventory - Average amount of inventory used to satisfy demand between shipments. Safety inventory - Inventory held in case demand exceeds expectations. Seasonal inventory - Inventory built up to counter predictable variability in demand. In-transit Inventory - Inventory in… Full Answer

A qualitive observation?

A qualitive observation is an observation of a product of a reaction which cannot be measured numerically, e.g. colour, state of matter. A quantitive observation is an observation which can be measured, e.g. size, volume. Full Answer