Walmart ordered a large number of backpacks for the start of the school year expecting that demand for the product would be high.However,the backpacks failed to sell and Walmart realizes that it over-ordered the product.Now it has decided to sell off its inventory to a discount retailer rather than keep the stock in its warehouses.For Walmart,the backpacks best represent a type of inventory called anticipative inventory.
Correct Answer:
Verified
Q8: Logistics is that part of supply chain
Q9: The main advantage of a supply chain
Q13: Enterprise resource planning (ERP)systems are data management
Q20: The ultimate objective of supply chain management
Q122: The process of purchasing goods and services
Q123: As it pertains to transportation, _ refers
Q125: Using several types of transportation for the
Q130: The transportation mode for items that can
Q134: A company ships a product overseas in
Q136: When materials and finished products are sourced
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