The limited employs a quick response system to order fast-moving fashion items.The limited's point-of-sale scanner records each sale.When stock falls below a minimum level, the system automatically sends an electronic order to the manufacturer, which processes the order immediately.This system has effectively reduced
A) customer response cycle.
B) product flow.
C) replenishment time.
D) supply lag.
E) logistical lag.
Correct Answer:
Verified
Q267: Another name for order cycle time is
A)physical
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Q269: Inventory management systems that are designed to
Q270: The lag from ordering an item until
Q271: Another name for quick response systems is
Q273: Inventory management systems that are designed to
Q275: Saks Fifth Avenue has employed a quick
Q276: In a supply chain setting, replenishment time
Q277: Figure 13-12 Q320: Dependability is the consistency of replenishment. This![]()
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