VMI Is ______

question 3

Multiple Choice

VMI is ______.

• A)a channel alignment method that mitigates the bullwhip effect caused by forecast updates
• B)vertically merged integration
• C)when the vendor merges his inventory with the inventory of the company
• D)a way to reduce cost of inventory transportation

---

Definitions:

Average Tax Rate

The ratio of the total amount of taxes paid to the total income of the taxpayer, showing the percentage of income paid in taxes.

Regressive

Pertaining to a tax system where the tax rate decreases as the taxable amount increases, placing a higher burden on lower-income individuals.

Personal Income Tax Revenue

The income generated by the government through the taxation of individuals' earnings.

Earners

Individuals or entities that receive income through work or investments.