The computer-to-computer exchange of business documents from a retailer to a vendor and back is referred to as vendor-managed inventory (VMI).
Answer the following statement true (T) or false (F)
False
Electronic data interchange (EDI) is the computer-to-computer exchange of business documents from a retailer to a vendor and back. EDI enables channel members to communicate more quickly and with fewer errors than in the past, ensuring that merchandise moves from vendors to retailers more quickly.
You might also like to view...
Which of the following symbols represents the variance of the population?
A. ?2
B. ?
C. ?
D.
On June 1, Apex Co issued a $30,000, 8%, 120-day note payable to Jones Co Assume the fiscal year of Apex Co ends June 30 . What is the amount of interest expense recognized by Apex in the current year?
a. $750.00 b. $166.67 c. $333.33 d. $200.00
Continuous improvement is usually not related to innovation
Indicate whether the statement is true or false
Three major concerns of system builders and users are disaster, security, and human error. Of the three, which do you think is most difficult to deal with? Why?
What will be an ideal response?