In This Stage of the Perceptual Process, You Create "Cognitive

question 8

Multiple Choice

In this stage of the perceptual process, you create "cognitive tags."

• A) organization
• B) memory
• C) recall
• D) stimulation

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Definitions:

Product Availability

The extent to which goods are in stock and readily accessible for purchase by consumers.

Measures

Quantitative or qualitative assessments used to evaluate performance, quality, or quantity of something.

Supplier Lead Time

The time duration between when an order is placed with a supplier and when the ordered goods are actually received, critical for inventory management and planning.

Safety Inventory

Extra stock kept on hand to buffer against potential supply chain disruptions, ensuring that demand can be met without delay.