an efficient consumer response system is a(n)

-5 4 points An efficient consumer response system is a(n) inventory management system that is designed to make the process of reordering and receiving products as simple as possible. exclusive contractual agreement between dellvery services such as FedEx or UPS to deliver expedited orders at a special low rate, regardless of the day and time 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 order replenishment system that maintains a 10 percent Inventory rate at all times in order to guarantee there will never be stockouts. computer program that allows even the smallest manufacturer to manage its inventory system OOOOO Previous Submit V