An Inventory-Management System Whereby the Supplier Determines the Product Amount

question 228

Multiple Choice

An inventory-management system whereby the supplier determines the product amount and assortment a customer, such as a retailer, needs and automatically delivers the appropriate items is known as a(n) :

• A)vendor-managed inventory
• B)supplier-managed inventory
• C)supply chain inventory
• D)just-in-time system

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Definitions:

Self-Esteem

The personal judgment of worthiness that is expressed in the attitudes the individual holds towards themselves.

Statistically Significant

Denotes a result that is unlikely to have occurred by chance alone, according to a pre-determined threshold for significance.

Clinical Scientists

are researchers or practitioners in the field of clinical psychology who apply scientific methods to study, understand, and treat psychological disorders.

Positive Correlation

A statistical relationship in which the values of two variables increase together or decrease together.