Examlex
Refer to the graph below. In the 1980s, digital publishing reduced the cost of producing books. Assuming no change in the cost of producing DVDs, which of the shifts reflects this change in technology?
Reorders
refers to the process of placing additional orders for goods or services that a customer or business has previously purchased or used.
Supplier-Managed Inventory
A supply chain arrangement where the supplier assumes responsibility for managing inventory levels at the customer's premises, based on agreed parameters.
Inventory-Management System
A tool or software used by businesses to track stock levels, orders, sales, and deliveries to ensure the efficient management of inventory.
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