An inventory-management system whereby the supplier determines the product amount and assortment a customer (such as a retailer) needs and automatically delivers the appropriate items is referred to as _________.

Question

Quizplus · Accepted Answer

The inventory-management system described in the question, where the supplier determines and delivers the appropriate items, is referred to as vendor-managed inventory. Therefore, choice E is the correct answer. Choices A, B, C, and D all describe different inventory-management systems but do not match the specific system described in the question.

An Inventory-Management System Whereby the Supplier Determines the Product Amount