Reverse logistics is:
A) an inventory supply system that operates with very low inventories and requires fast on-time delivery.
B) a practice that involves unloading products from suppliers, sorting products for individual stores, and quickly reloading products on trucks, which will deliver the products to specific stores.
C) organizing a cost-effective flow of raw materials, in-process inventory, finished goods, and related information from point of origin to point of consumption to satisfy customer requirements.
D) the process of reclaiming recyclable and reusable materials, returns and reworks from the point of consumption or use for repair, remanufacturing, redistribution, or disposal.
Correct Answer:
Verified
Q239: The four key logistical functions in a
Q240: A Costco warehouse holds items for the
Q241: At the end of a recent year,
Q242: Scott Baldwin, the owner of The Computer
Q243: Distinguish between a direct and an indirect
Q245: According to the text, which of the
Q246: The just-in-time concept requires very low inventories
Q248: An inventory-management system whereby the supplier determines
Q249: Which of the following statements about the
Q292: List and define the three major types
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