An Inventory Management System Used in Retailing in Which Merchandise

question 29

Multiple Choice

An inventory management system used in retailing in which merchandise is received just in time for sale when the customer wants it is called:

• A)electronic data interchange.
• B)universal product system.
• C)franchising system.
• D)quick response.
• E)radio frequency identification.

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Definitions:

Constructed Structure

Man-made buildings or edifices created for specific purposes, ranging from residential, commercial, to infrastructural uses.

Noticeable Effect

An observable or measurable impact resulting from a specific action or phenomenon.

Evolution Timescales

The long periods over which evolutionary processes such as mutation, selection, and drift act, ranging from thousands to billions of years.

Natural Selection

The process by which organisms that are better adapted to their environment tend to survive and produce more offspring, a key mechanism of evolution.