Which Type of Supply Chain Collaboration Methods Includes the Vendor

question 38

Multiple Choice

Which type of supply chain collaboration methods includes the vendor replenishing standard merchandise while the buyer manages the replenishment of promotion merchandise?

• A) Continuous Replenishment (CRP) or Vendor Managed Inventory (VMI)
• B) Co-Managed Inventory
• C) Collaborative Forecasting and Replenishment (CFAR)
• D) Collaborative Planning, Forecasting and Replenishment (CPFR)

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Definitions:

Short-Run Price

The price level of goods or services in a market that is determined over a short period, where some costs can be considered fixed.

Special Price

A discounted rate offered for a product or service outside of its standard pricing.

Differential Cost

The difference in total cost that will result from selecting one alternative over another in decision-making processes.

Unit Cost

The cost incurred to produce, store, or purchase one unit of a product or service.