A quick response (QR)inventory management system seeks to _____.
A)decrease inventory ordering costs
B)decrease delivery lead time from vendors
C)increase the quantity discounts available to a retailer
D)decrease inventory holding costs

Question

Quizplus · Accepted Answer

A quick response (QR) inventory management system is designed to decrease inventory holding costs by allowing for quick and efficient inventory replenishment based on real-time sales data. It helps to minimize excess inventory and reduce the costs associated with storing and maintaining inventory.

A Quick Response (QR)inventory Management System Seeks to _____