A Form of Inventory Management Used in Manufacturing That Stresses

question 123

Multiple Choice

A form of inventory management used in manufacturing that stresses a harmonious relationship with suppliers is:

• A)CRM.
• B)TQM.
• C)Efficient Consumer Response.
• D)JIT II.

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Definitions:

Power Adapters

Devices that convert electrical power from one form to another, commonly used to supply power to electronic devices from a wall outlet.

Laundry Detergent

A type of cleaning agent used for washing textiles, made from chemical compounds that remove dirt and stains from fabric.

Value Cocreation

Customers act as collaborators with a manufacturer or retailer to create the product or service.

C2C Marketing

Consumer-to-consumer marketing, where individuals sell products or services to other individuals without intermediary businesses.