Because of the Nature of Vendor-Managed Inventory,_____

question 12

Multiple Choice

Because of the nature of vendor-managed inventory,_____.

• A) retail buyers and planners no longer need to monitor inventory levels and place orders
• B) DCs need to run as deliveries arrive after hours and on holidays
• C) there are many delays in replenishment as it's not a collaborative approach
• D) third party logistic companies have become necessary
• E) EDI is now obsolete

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Definitions:

Utility Patents

Utility patents are issued for the invention of a new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof.

Process

A series of actions or steps taken to achieve a particular end; in legal terms, it often refers to the proceedings in courts or the issuance of court orders.

Mode of Treatment

The manner or method in which something, often a medical condition, is treated or handled.

Patent Infringement

The unauthorized use, sale, or manufacture of a patented invention within a country by someone other than the patent holder.