When a company uses the perpetual inventory system, there is no need to conduct a physical count of inventory

Which one of the following illustrates an inelastic demand?

a) A price elasticity of demand equal to 1.0. b) A price elasticity of demand equal to 2.0. c) A 10 percent rise in price leads to a 20 percent decrease in quantity demanded. d) A 10 percent rise in price leads to a 5 percent decrease in quantity demanded. e) A price elasticity of demand equal to infinity.

SAP can utilize which of the following media to communicate with a vendor?

a. Web services b. EDI c. Fax d. Print e. All of the above