Which Is the Information System Used for Minimizing Inventory Cost

question 60

Multiple Choice

Which is the information system used for minimizing inventory cost?

• A)ERP system
• B)RFID system
• C)EDI system
• D)VMI system
• E)EOQ system

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Definitions:

Family Networking

The process of building and maintaining connections among family members for emotional support, resources, and guidance.

Ethnic Sharing

The action of sharing cultural, traditional, or ethnic backgrounds within a community, fostering a sense of identity and belonging.

Two-Parent Families

Family units consisting of two adults who are in a relationship and are the caregivers to one or more children.

Decreasing Percentage

A quantitative measure showing a reduction in the proportion of a part relative to the whole over a certain period.