The Limited employs a quick response system to order fast-moving fashion items.The Limited's point-of-sale scanner records each sale.When stock falls below a minimum level,the system automatically sends an electronic order to the manufacturer,which processes the order immediately.This system has effectively reduced
A) dependability.
B) product flow.
C) replenishment time.
D) supply lag.
E) logistical lag.
Correct Answer:
Verified
Q264: Inventory management systems that are designed to
Q270: The lag from ordering an item until
Q270: Another name for quick response systems is
A)
Q275: Another name for order cycle time is
A)
Q287: Order cycle time refers to
A) the time
Q292: Which of the following statements is an
Q300: Dependability is the consistency of replenishment. This
Q310: Replenishment time refers to
A) the time lag
Q318: Dependability is the consistency of replenishment. This
Q339: Convenience refers to the concept that
A)there should
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents