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

question 147

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 stock 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)customer response cycle.
• B)product flow.
• C)replenishment time.
• D)supply lag.
• E)logistical lag.

Distinguish between fixed and variable costs when considering their impact on decision-making.

Examine how changes in fixed expenses affect break-even sales.

Calculate the break-even point in units.

Evaluate the impact of shifts in sales mix on total profits.