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PTCE (PTCE) Practice Tests & Test Prep by Exam Edge - Free Test


Our free Pharmacy Technician Certification Exam (PTCE) Practice Test was created by experienced educators who designed them to align with the official Pharmacy Technician Certification Board content guidelines. They were built to accurately mirror the real exam's structure, coverage of topics, difficulty, and types of questions.

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Pharmacy Technician Certification Exam - Free Test Sample Questions

Ordering a product before running out of it is called:





Correct Answer:
just-in-time ordering


the term "just-in-time ordering" refers to a strategic inventory management system where orders are placed for products shortly before they are actually needed for sale, use, or production. this avoids the necessity of keeping large stock levels on hand, thereby minimizing storage space and reducing the costs associated with excess inventory.

in practice, just-in-time ordering ensures that businesses only order enough products to meet immediate demands. this system is particularly beneficial in industries where products are perishable or where storage costs are high. the objective is to maintain a lean inventory and to have goods arrive exactly when they are needed, thus optimizing the flow of supplies from warehouses to shelves.

the immediate benefit of just-in-time ordering is the reduction in inventory carrying costs. businesses do not need to spend as much money on storage facilities and there is a lower risk of inventory becoming obsolete or out of date. additionally, it can enhance product quality because items are newer and less likely to experience degradation as they spend less time in storage.

however, just-in-time ordering does require precise planning and reliable suppliers. delays in the supply chain can lead to stockouts that, in turn, might result in lost sales. therefore, while just-in-time ordering can significantly reduce costs and increase efficiency, it also necessitates strong coordination and excellent communication with suppliers to mitigate potential risks associated with tight inventory levels.