Author Question: The goal of efficient assortment is to: a. Increase the success rate of new products b. To ... (Read 81 times)

sarasara · **on:** Sep 11, 2018

The goal of efficient assortment is to:

a. Increase the success rate of new products
b. To streamline the distribution of goods
c. To optimize the product mix and space allocation
d. Reduce warehousing and distribution costs

Question 2

This initiative in retailing offers manufacturers a competitive advantage to reduce inventory levels, improve merchandise quality, increase worker productivity, increase stock turnover, and reduce merchandise markdowns:

a. Collaboration, planning, forecasting, and replenishment model
b. Efficient consumer response
c. Quick response
d. Total quality management