It is known as a vendor managed inventory system. Option C is correct
- When the supplier determines the product amount and assortment a customer needs and automatically delivers the appropriate items, it is known as a <u>Vendor Managed</u> inventory system.
Whats a Vendor Managed inventory system ?
- Vendor-managed inventory is an approach to inventory control where a provider of the product, typically the manufacturer, is in charge of making the most of the stock that a distributor has on hand.
- A retailer determines the order size on their own in traditional inventory management.
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Correct Question - When the supplier determines the product amount and assortment a customer needs and automatically delivers the appropriate items, it is known as a _______ inventory system.
A) consumer-response
B) responsive
C) vendor-managed
D) just-in-time
Cause of Economic Growth Effect of Economic Growth
Investment in Physical Capital Social and Community Development
Investment in human capital Improvement in Standard of Living
Economic growth can be seen in different components such as efficient labor, physical capital, and intensive growth.
Answer:
The bottling company will probably succeed in recovering consequential damages because the original contract didn't include the seller's acknowledgement form. It was sent after the contract had been formed, and therefore, they cannot change the original contract unless the other party accepts that change. E.g. if you buy a car, the seller of the car cannot notify you one week after you purchased the car telling you that the car probably had a defect but they wouldn't responsible for it.