Automatic replenishment is a form of JIT where the supplier manages _____.
A) demand for the customer
B) price for the customer
C) inventory for the customer
D) accounting for the customer
E) all of the above

Question

Quizplus · Accepted Answer

Automatic replenishment is a form of JIT where the supplier manages inventory for the customer, ensuring that the customer always has the right amount of inventory without overstocking or understocking. The supplier is responsible for monitoring inventory levels and automatically placing orders when inventory falls below a certain point. This helps to reduce costs associated with excess inventory and stockouts. While the supplier may also manage price and demand for the customer, those aspects are not necessarily part of automatic replenishment.

Automatic Replenishment Is a Form of JIT Where the Supplier