The Practice of Having the Supplier Monitor Inventory Levels at Its

question 159

Multiple Choice

The practice of having the supplier monitor inventory levels at its customer and replenishing the stock as needed to avoid shortages is referred to as

• A) channel assembly of vendor- managed inventory.
• B) forward placement.
• C) inventory pooling.
• D) continuous replenishment vendor- managed inventory.

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Definitions:

Profit

The difference between what it costs to make and sell a product and what a customer pays for it.