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Question 68 - CLTD discussion

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A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?

A.
It represents a sequence of business processes between consumers and retailers.
Answers
A.
It represents a sequence of business processes between consumers and retailers.
B.
It replaces traditional forecasting methods with a shared single forecast among trading partners.
Answers
B.
It replaces traditional forecasting methods with a shared single forecast among trading partners.
C.
It represents a sequence of business processes within the manufacturing environment.
Answers
C.
It represents a sequence of business processes within the manufacturing environment.
D.
It replaces traditional inventory management procedures with a vendor-managed (VMI) system.
Answers
D.
It replaces traditional inventory management procedures with a vendor-managed (VMI) system.
Suggested answer: A
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asked 16/09/2024
Giulia Maggio
38 questions
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