Inventory management systems that are designed to reduce the retailer's lead time for receiving merchandise,which then lowers its inventory investment,improves customer service levels,and reduces logistic expenses is referred to as __________.
A) efficient consumer response systems
B) order replenishment systems
C) customer logistics factors
D) minimum-inventory systems
E) web-based response systems
Correct Answer:
Verified
Q270: Another name for quick response systems is
A)
Q275: Another name for order cycle time is
A)
Q284: Another name for efficient consumer response systems
Q300: Dependability is the consistency of replenishment. This
Q300: lag from ordering an item until it
Q308: two-way link between buyer and seller that
Q310: Replenishment time refers to
A) the time lag
Q318: Dependability is the consistency of replenishment. This
Q320: Dependability is the consistency of replenishment. This
Q339: Convenience refers to the concept that
A)there should
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