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

question 293

Multiple Choice

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

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Definitions:

Communicating Findings

The process of sharing the results of an analysis or research study with stakeholders or the scientific community.

Research Hypothesis

A statement in research that predicts a significant relationship between variables, suggesting that one variable has an effect on another.

Sample

A subset of a population used in statistical analysis, which is representative of the whole population to infer conclusions about the population.

Population

The entire group of individuals or objects that is the subject of a statistical analysis.