An Efficient Consumer Response System Refers to

question 79

Multiple Choice

An efficient consumer response system refers to

• A)an order replenishment system that maintains a 10 percent inventory rate at all times in order to guarantee there will never be stockouts.
• B)an online virtual inventory storage program that allows firms to enter in minute-by-minute information in order to avoid stockouts due to unforeseen environmental forces.
• C)a computer program that allows even the smallest manufacturer to manage its inventory system.
• D)an inventory management system that is designed to make the process of reordering and receiving products as simple as possible.
• E)an exclusive contractual agreement between delivery services such as Fede

---

Definitions:

Family Support

Refers to the assistance and encouragement provided by family members to one another, crucial for emotional and physical wellbeing.

Ethnic Background

The cultural heritage and traditions passed down within a group, often shared through language, cuisine, and social customs.

Healthcare Coverage

Financial insurance designed to cover or offset the costs of medical care, including treatments, medications, and hospital visits.

Drinking Water

Essential for life, it's water that is safe for consumption, playing a critical role in maintaining bodily functions and hydration.