Response times as compared to vendor managed inventory

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Reference no: EM132226485

1. Traditional inventory has higher administrative costs and response times as compared to vendor managed inventory. True or False

2. Free market bidding assists has advantages for an efficient bidding process where both large and small suppliers can participate in an economical way. True or False

3. The integrity of the data warehouse system can be resolved by data cleansing, in order to work effectively and efficiently to assist with management decisions. True or False

4. Data mining can be used as a tool for inventory replenishment and order processing. True or False

5. Fewer changes or customizations to ERP systems will result in under/on-budget costs for implementing ERP system. True or False

PS: Answers are true or false

Reference no: EM132226485

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