The Limited Employs a Quick Response System to Order Fast-Moving

question 68

Multiple Choice

The Limited employs a quick response system to order fast-moving fashion items. The Limited's point-of-sale scanner records each sale. When inventory falls below a minimum level, the system automatically sends an electronic order to the manufacturer, which processes the order immediately. This system has effectively reduced

• A)dependability.
• B)product flow.
• C)replenishment time.
• D)supply lag.
• E)logistical lag.

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Definitions:

Built Environment

The human-made surroundings that provide the setting for human activity, including buildings, roads, and other infrastructure.

Social Phenomena

Collective behaviors, patterns, or trends that emerge within societies or social groups, shaped by the interactions and relationships among individuals.

Social Environment

The immediate physical surroundings, social relationships, and cultural context in which an individual lives or operates.

Measurement Validity

The degree to which a test or instrument accurately measures what it is supposed to measure.