Differentiate Among Efficient Consumer Response; Collaborative Planning,forecasting,and Replenishment (CPFR); and Vendor

question 87

Essay

Differentiate among efficient consumer response; collaborative planning,forecasting,and replenishment (CPFR); and vendor managed inventory (VMI).

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Definitions:

Kinesthesia

Our movement sense—our system for sensing the position and movement of individual body parts.

Chemical Sense

Chemical sense refers to the sensory systems, specifically taste and smell, that rely on the detection of chemical substances in the environment.

Smell

The sense that enables the detection of chemical molecules in the air, leading to the perception of odors.

Kinesthesia

The sense that detects bodily position, weight, or movement of the muscles, tendons, and joints, enabling bodily movements coordination.