The process of maintaining inventories at a level big enough to prevent stock-outs, yet small enough to minimize holding costs.
Unit 2- Distribution

Quiz
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Other
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9th - 12th Grade
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Medium
Lindsay Barton
Used 5+ times
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17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
materials handling
inventory control
computer-integrated manufacturing (CIM)
demand-flow manufacturing (DFM)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A notice sent from a supplier (such as an apparel manufacturer) notifying a customer (such as a retailer) of upcoming deliveries.
advanced shipping notification (ASN)
inventory control
materials handling
sales forecasting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods held on hand for the production process or for sale to customers.
product
Demand flow manufacturing (DFM)
sales reciept
inventory
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The handling details of storing and physically moving merchandise to the proper locations.
benchmarking
inventory
logistics
sales receipt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A large building or complex that houses permanent showrooms.
retailer
apparel mart
department store
trunk show
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______________ are independent groups or individuals that provide the channel for a company's product to reach the end user.
channels
intermediaries
logistics
sales reps
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The main channels intermediaries are retailers, ____________ and agents/brokers.
manufacturers
wholesalers
sales reps
buyers
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