An efficient consumer response system is a$($n$)$

Multiple Choice

exclusive contractual agreement between delivery services such as FedEx or UPS to deliver expedited orders at a special low rate, regardless of the day and time.

order replenishment system that maintains a $10$ percent inventory rate at all times in order to guarantee there will never be stockouts.

inventory management system that is designed to make the process of reordering and receiving products as simple as possible.

online virtual inventory storage program that allows firms to enter in minute$-$by$-$minute information in order to avoid stockouts due to unforeseen environmental forces.

computer program that allows even the smallest manufacturer to manage its inventory system.