Badm 375 - Study guides, Class notes & Summaries
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BADM 375 Module 5-8 UPDATED ACTUAL Questions and CORRECT Answers
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BADM 375 Module 5-8 UPDATED 
ACTUAL Questions and CORRECT 
Answers 
Inventory is defined as the stock of any item or resource used in an organization. - 
CORRECT ANSWER- true 
Variation in production systems that is caused by factors that can be clearly identified and 
possibly even managed is called assignable variation. - CORRECT ANSWER- True 
Variation that is inherent in a production process itself is called assignable variation. - 
CORRECT ANSWER- Fals
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