APICS Exam CLTD 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?

ARetail consumers and vendors

BRetailer and its suppliers

CRetailer and its buyers

DRetail consumers and retailers

Show Suggested Answer

Suggested Answer: C

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

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Emilio

1 days 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.

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Dortha

1 days 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.

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Ludivina

3 days 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.

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Phyliss

4 days 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.

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Catina

5 days ago

I think the answer is B) Retailer and its suppliers.

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