One of the benefits of EDI is that it can reduce cycle time,which is
A) the time from when an RFP is announced to the time a consumer purchases the finished product.
B) the time from when funds are committed for purchase of raw materials to the time when the payment for the finished goods is actually received.
C) the time between when finished good leave the manufacturer until the time they arrive,floor-ready,at the retailer.
D) the time between the decision to place an order and the receipt of the merchandise.
E) the time between when an item is sold to a customer and when a replacement is made available for purchase by another customer.
Correct Answer:
Verified
Q22: In addition to merchandise and payments, information
Q24: In vendor-managed inventory systems,
A) corporations send information
Q26: With more frequent shipments associated with quick
Q28: With a pull marketing strategy,
A) orders for
Q34: Typically, manufacturers and retailers exchange business documents
Q36: Radio frequency identification tags are
A) selective distribution
Q38: RFID offers participants in the supply chain
Q41: For a JIT system to be successful,the
Q44: Amazon.com was an early leader in online
Q48: _ systems are designed to deliver smaller
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