Which of the Following Best Explains the Term 'Vendor Managed

Which of the following best explains the term 'vendor managed inventory'? 

A)  An infrequent replenishment programme that uses the exchange of information between the retailer and the supplier to allow the supplier to manage and replenish product at the store or warehouse level. 
B)  A continuous replenishment programme that uses forecasts to allow the supplier to manage and replenish product at the store or warehouse level. 
C)  A monthly replenishment programme that uses the exchange of information between the retailer and the supplier to allow the supplier to manage and replenish product at the store or warehouse level. 
D)  A weekly replenishment programme that uses the exchange of information between the retailer and the supplier to allow the supplier to manage and replenish product at the store or warehouse level.