The positioning and replenishment of finished goods inventories at the retail level can be determined using:
A)MRP.
B)CRP.
C)DRP.
D)RFID.

Question

Quizplus · Accepted Answer

DRP (Distribution Resource Planning) is the process of determining the quantity and timing of finished goods that should be replenished at various locations in the distribution channel. DRP uses sales data, inventory data, and lead time data to determine the appropriate levels of inventory and when to place orders. MRP (Material Resource Planning) is used for planning raw material inventories, while CRP (Capacity Resource Planning) is used to plan production capacity. RFID (Radio Frequency Identification) is a technology used for tracking and identifying items in real-time, but it does not directly determine inventory positioning and replenishment.

The Positioning and Replenishment of Finished Goods Inventories at the Retail