Walmart's Continuous Replenishment System Allows It to

question 56

Multiple Choice

Walmart's continuous replenishment system allows it to

• A) provide mass customization.
• B) provide an efficient customer response system.
• C) strengthen customer intimacy.
• D) achieve economy of scale.

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Definitions:

Temporary Excess Cash

Surplus cash not required for immediate operational or investment needs, often invested in short-term securities.

Invest

The act of allocating resources, usually money, in order to generate an income or profit.

Additional Staff

The employment of extra personnel beyond the current number to meet increased demands or to fulfill specific roles within an organization.

Total Collection Time

The total period it takes for a business to convert its accounts receivable into cash.