Production Flexibility Allows a Firm to Make Better Use of EDI

question 207

True/False

Production flexibility allows a firm to make better use of EDI or some other type of computerized reorder system-because the firm can respond to customer needs more quickly.

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Definitions:

Suppliers

Entities that provide goods or services to consumers or other businesses, often in exchange for financial compensation.

Frozen Food

Food products that have been subjected to rapid freezing and are kept frozen until used to extend their shelf life.

Calzones

A type of Italian folded pizza, filled with various ingredients such as cheese, meats, and vegetables, then baked.

Inferior Goods

Goods whose demand decreases when consumers' incomes increase, opposite to normal goods.