Automatic Replenishment (AR)and Electronic Data Interchange (EDI)are Elements Of

question 1

Multiple Choice

Automatic replenishment (AR) and electronic data interchange (EDI) are elements of:

• A) just-in-time inventory control.
• B) value analysis.
• C) total quality management.
• D) vendor analysis.
• E) life-cycle costing.

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Definitions:

Mixing Machines

Equipment used in various industries for blending or combining ingredients or materials into a homogeneous or specific mixture.

Demand

The desire of purchasers, consumers, or clients for a particular good or service, coupled with the capacity to purchase it.

Variable Cost

Expenses that vary directly with the level of production or sales, including costs for raw materials and direct labor.

Mixing Machines

Equipment used in various industries such as food, pharmaceuticals, and chemicals to combine or blend different ingredients into a homogeneous mixture.