New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

APICS CLTD Exam - Topic 7 Question 94 Discussion

Actual exam question for APICS's CLTD exam
Question #: 94
Topic #: 7
[All CLTD Questions]

In a retail firm's implementation of vendor-managed inventory (VMI), what trading partners are responsible for setting target inventory levels and making restocking decisions?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Na at Dec 08, 2024, 04:56 PM

Limited Time Offer

25%

Off

Get Premium CLTD Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Leota
3 months ago
Target inventory levels are set by the retailer and suppliers, that's VMI!
upvoted 0 times
...
Howard
3 months ago
I thought it was just the retailer's job, but I guess suppliers help too.
upvoted 0 times
...
Avery
3 months ago
Wait, are consumers really involved in this? Seems off.
upvoted 0 times
...
Mitsue
4 months ago
I agree, B is the right choice!
upvoted 0 times
...
Heike
4 months ago
It's definitely the retailer and its suppliers.
upvoted 0 times
...
Lavina
4 months ago
I feel like I’ve seen something similar in our case studies, and it pointed towards the retailer and suppliers working together, so I’d go with B.
upvoted 0 times
...
Rosina
4 months ago
I’m a bit confused because I thought retail consumers had some influence too, but that doesn’t seem right for this question.
upvoted 0 times
...
Mabel
4 months ago
I remember a practice question where it mentioned that vendors play a key role in restocking decisions, so I might lean towards option B.
upvoted 0 times
...
Yuki
5 months ago
I think the retailer and its suppliers are the ones who set the target inventory levels in VMI, but I'm not completely sure.
upvoted 0 times
...
Helene
5 months ago
I feel pretty good about this question. Based on my understanding of VMI, the retailer and its suppliers work together to manage the inventory levels and replenishment, so I'm going to select option B.
upvoted 0 times
...
Alonzo
5 months ago
This is a tricky one. I'm not super familiar with the details of vendor-managed inventory, so I'm not 100% confident in my answer. I'll have to make an educated guess and hope for the best.
upvoted 0 times
...
Rebecka
5 months ago
Okay, I've got an idea. In a VMI system, the retailer and its suppliers would be the ones responsible for managing the inventory levels and restocking, not the retail consumers or the buyers. I'm going to go with option B.
upvoted 0 times
...
Lashandra
5 months ago
Hmm, I'm a bit unsure about this one. I know vendor-managed inventory involves the supplier managing inventory, but I'm not sure if that includes setting the target levels. Let me think this through carefully.
upvoted 0 times
...
Gabriele
5 months ago
This seems like a straightforward question about vendor-managed inventory. I think the key is to identify the trading partners involved in setting inventory levels and making restocking decisions.
upvoted 0 times
...
Carissa
10 months ago
A) Retail consumers and vendors? Well, I guess the consumers could just go down to the store and restock the shelves themselves. That's one way to do it!
upvoted 0 times
Diane
8 months ago
C) Retailer and its buyers
upvoted 0 times
...
Leah
8 months ago
B) Retailer and its suppliers
upvoted 0 times
...
Agustin
9 months ago
A) Retail consumers and vendors? Well, I guess the consumers could just go down to the store and restock the shelves themselves. That's one way to do it!
upvoted 0 times
...
...
Nicolette
10 months ago
C) Retailer and its buyers? Nah, that's not how VMI works. The buyers are usually the ones who get replaced by the supplier's inventory management in a VMI system.
upvoted 0 times
...
Keneth
10 months ago
D) Retail consumers and retailers? Really? That's just plain wrong. Consumers don't have a say in inventory levels, and the retailer doesn't make decisions by themselves in a VMI setup.
upvoted 0 times
Carmelina
8 months ago
C) Retailer and its buyers
upvoted 0 times
...
Shaquana
9 months ago
B) Retailer and its suppliers
upvoted 0 times
...
Gail
10 months ago
A) Retail consumers and vendors
upvoted 0 times
...
...
Emilio
10 months ago
I agree, B) is the right answer. The whole point of VMI is to have the supplier take responsibility for inventory management, not the consumers or the retailer's internal buyers.
upvoted 0 times
Sheridan
10 months ago
Yes, that's correct. The supplier takes on the responsibility in vendor-managed inventory.
upvoted 0 times
...
Charolette
10 months ago
I think B) Retailer and its suppliers are responsible for setting target inventory levels and making restocking decisions.
upvoted 0 times
...
...
Dortha
10 months ago
I'm not sure, but I think it makes sense that the retailer and its suppliers work together in VMI to ensure efficient inventory management.
upvoted 0 times
...
Ludivina
10 months ago
I agree with Catina, because the retailer and its suppliers are the ones responsible for setting target inventory levels and making restocking decisions in VMI.
upvoted 0 times
...
Phyliss
10 months ago
B) Retailer and its suppliers seems like the correct answer. In a VMI system, the retailer and its suppliers work together to manage inventory levels and replenishment.
upvoted 0 times
...
Catina
11 months ago
I think the answer is B) Retailer and its suppliers.
upvoted 0 times
...

Save Cancel