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Which of the following is true concerning a vendor-managed inventory (VMI) system? Companies that use VMI share their point-of-sale systems and inventory information with their

Which of the following is true concerning a vendor-managed inventory (VMI) system? Companies that use VMI share their point-of-sale systems and inventory information with their suppliers. VMI calculates an optimal order quantity in order to minimize ordering, carrying, and stockout costs. None of the answer choices are true concerning a vendor-managed inventory system. O It reduces inventory levels by forecasting inventory needs and ordering accordingly

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