H&M has adopted the inventory management system that delivers less merchandise on a more frequent basis than in traditional inventory systems.The firm gets the merchandise just in time for it to be used in the manufacture of another product or for sale when the customer wants it.This is an example of a ___________ inventory system.
A) cross-docking
B) quick response (QR)
C) UPC
D) EDI
E) lead time

Question

Quizplus · Accepted Answer

The description matches the characteristics of a quick response (QR) inventory system, which aims to minimize inventory holding costs by delivering merchandise just in time for it to be used in production or for sale to customers. Cross-docking, UPC, EDI, and lead time refer to other aspects of inventory management that are not directly related to the description provided.

H&M Has Adopted the Inventory Management System That Delivers Less