When Wal-Mart Sells a Package of Diapers, the Company Captures

question 62

Multiple Choice

When Wal-Mart sells a package of diapers, the company captures data on that sale at its point-of-sale terminal and transmits that data to the company that makes the diapers. When it is necessary, the diaper company restocks the diapers in that Wal-Mart store. This process is called:

• A) supply chain management
• B) demand chain management
• C) vendor-managed inventory
• D) enterprise resource planning inventory
• E) just-in-time inventory

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Definitions:

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