Question
Which of the following inventory systems is more time consuming than most and has a higher chance of being inaccurate?
Responses
Perpetual computer-based system
Perpetual computer-based system
Perpetual manual system
Perpetual manual system
Physical inventory system
Physical inventory system
Just in time method
Responses
Perpetual computer-based system
Perpetual computer-based system
Perpetual manual system
Perpetual manual system
Physical inventory system
Physical inventory system
Just in time method
Answers
GPT-4o mini
The inventory system that is more time-consuming than most and has a higher chance of being inaccurate is the **Perpetual manual system**.
Manual systems require physical counting and constant manual updates, which can lead to errors and inconsistencies. This is in contrast to computer-based systems, which automate much of the tracking and updating process, making them more efficient and less prone to human error.
While physical inventory systems are also time-consuming, they are typically conducted at specific intervals rather than continuously, and the Just in Time method focuses on minimizing inventory levels to reduce waste and does not inherently lead to inaccuracies or inefficiencies in the same way a manual system would.
Manual systems require physical counting and constant manual updates, which can lead to errors and inconsistencies. This is in contrast to computer-based systems, which automate much of the tracking and updating process, making them more efficient and less prone to human error.
While physical inventory systems are also time-consuming, they are typically conducted at specific intervals rather than continuously, and the Just in Time method focuses on minimizing inventory levels to reduce waste and does not inherently lead to inaccuracies or inefficiencies in the same way a manual system would.