Which of the Following Statements Is True About Continuous Replenishment

question 66

Multiple Choice

Which of the following statements is true about continuous replenishment program (CRP) ?

• A)It is used as a tool for market segmentation.
• B)It reduces the cost of producing goods.
• C)It is a part of efficient consumer response.
• D)It increases inventories at the retail side.

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Definitions:

System of Equations

A set of equations with the same variables, which are to be solved simultaneously.

Method of Substitution

A technique for solving systems of equations where one of the equations is solved for one variable in terms of the others, and then substituted into the other equation(s).

System of Equations

A set of equations with the same variables, which are solved together to find the values of these variables.

System of Equations

A set of two or more equations with the same set of variables, which are solved together.