Inventory Management Systems That Are Designed to Make the Process

question 146

Multiple Choice

Inventory management systems that are designed to make the process of reordering and receiving products as simple as possible are referred to as

• A)efficient consumer response systems.
• B)order replenishment systems.
• C)customer logistics factors.
• D)minimum-inventory systems.
• E)web-based response systems.

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Definitions:

Human Decision-Making

The cognitive process resulting in the selection of a belief or a course of action among several possible alternatives.

Promising Alternative

An option that shows potential to be effective or beneficial in comparison to others.

Decision-Critical Attributes

The essential qualities or factors that significantly influence the outcome of a decision-making process.