Which of the Following Statements Is True About Automatic Replenishment

question 49

Multiple Choice

Which of the following statements is true about automatic replenishment (AR) management?

• A) It is a form of zero defects management program used by small-scale distributors.
• B) It is an inventory system where retailers rather than distributors manage inventory levels for customers.
• C) It allows suppliers to handle inventory in industrial settings.
• D) It is the least used type of consumer response system.
• E) It is a digital collateral management system used by salespeople to generate sales for a firm's products.

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Definitions:

Statement of Intentions

A document that outlines the intentions or objectives of an individual or entity, often related to future plans or actions.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating its resources to pursue this strategy.

Intermediate Planning

The process of setting goals and outlining strategies for a middle-range time frame, typically covering 1 to 3 years.

Long-Term Planning

The process of setting goals and outlining strategies for future activities over an extended period, typically beyond five years.