Which of the Following Provides the Technological Link Connecting All

question 31

Multiple Choice

Which of the following provides the technological link connecting all of the logistics components of the supply chain?

• A) Logistics information system
• B) Materials requirement plan
• C) EDI
• D) RFID chips
• E) Distribution resources strategy

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Definitions:

Merchandise Sold

Merchandise sold refers to the products that a company sells to its customers, which can include anything from physical goods to software.

Purchases Made

Transactions involving the acquisition of goods or services by a company for the purpose of resale or for use in production.

Physical Count of Inventory

An actual count of all merchandise or stock on hand, typically conducted at the end of an accounting period to verify inventory records.

Periodic Inventory System

An inventory system where counts are carried out at specific intervals to determine the level of inventory at a particular time.