Automatic replenishment (AR)and electronic data interchange (EDI)are elements of:
A) just-in-time inventory control.
B) value analysis.
C) total quality management.
D) vendor analysis.
E) life-cycle costing.

Question

Quizplus · Accepted Answer

Automatic replenishment (AR) and electronic data interchange (EDI) are both key elements of just-in-time (JIT) inventory control, which focuses on reducing inventory levels and increasing efficiency by ordering and receiving goods only when they are needed in the production process. AR and EDI allow for automated ordering and communication with suppliers, which helps to ensure that the right products are delivered at the right time and in the right quantities.

Automatic Replenishment (AR)and Electronic Data Interchange (EDI)are Elements Of