Answer:
d. vendor-managed inventory.
Explanation:
Vendor Managed Inventory or in short, the VMI may be defined as a business model or a concept where the buyer of the product or a service provides the information to a vendor of the product while the vendor takes all the responsibility and agrees to maintain an agreed inventory of the product, which is usually at the buyer's or consumer's consumption location.
It is a inventory management practice for optimizing the inventory of products that is held by a distributor.
