In A(n)__________ , Merchandise Is Allocated to Stores on the Basis

question 72

Multiple Choice

In a(n) __________ , merchandise is allocated to stores on the basis of forecasted demand. Once a forecast is determined, specified quantities of merchandise are shipped to distribution centres and stores at predetermined time intervals.

• A) pull supply chain
• B) push supply chain
• C) cross check logistic strategy
• D) influential logistic strategy
• E) cost efficient logistic strategy

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Definitions:

Standardized Form Contracts

Pre-prepared legal agreements that are not tailored to individual negotiations but used universally across many transactions.

Negotiable

Capable of being transferred from one party to another as a form of payment or as fulfilment of a contract.

Voidable Contract

A legal agreement that may be considered invalid upon the request of one of the parties due to certain defects, such as misrepresentation or lack of capacity at the time of execution.

Statute Of Limitations

A statute that requires that certain classes of lawsuits must be brought within defined limits of time after the right to begin them accrued or the right to bring the lawsuit is lost.