BoR Ch. 2.1 Test

A machine-readable series of Parallel lines that combine to create a unique item identifier.

• RFID

• POS

• PLU

• Barcode

A system of numbers that uniquely identifies bulk produce items or other items on which it may be difficult to apply a barcode.

• POS

• RFID

• PLU

• SKU

The process of automatic or manual ordering to meet product demands.

• PLU

• RFID

• Inventory Replenishment

• Stock

Kera discovers that there are 5 fewer lipsticks on the shelf or on-hand in the store. What is this an example of?

• POS failure

• PLU Failure

• Stock Shortage

• Inventory Shrinkage or Shrink

A part of inventory tracking system that includes barcode scanners, registers, card reader, receipt printers, tablets devices, online and in-app checkouts.

• PLU

• POS

• RFID

• Replenishment Inventory

Accurate Inventory systems:

• Increase customer loyalty

• Reduces Expenses caused by ideal or excess inventory

• ID's different loss prevention

• All of these.

Accurate inventory can

• Record the number of units sold, and available products

• Automatically initiate reorders

• Save employees and managers time

• All of these

How do retailers know if products will sell?

• Customers only buy sale items.

• Retailers use historical date and trend research to select products.

• Coupon offers

• Only high tech items will be purchased.

Trenton works at Bass Pro and helps a customer with Pelican Kayaks. How can Trent help the customer make a decision about the best Kayak?

• He offers only sale items

• He tell the customer to hurry and make a decision

• He asks the customer to come find him when they decide

• He demonstrates the features of the Kayak.

What is the number one preventable loss in the retail business?

• Shoplifting

• Vendor Freud

• Inventory Freud

• Broken Merch