When markets fail, public policy can A. in theory, remedy the problem, but in practice, public policy has proven to be ineffective. B. potentially remedy the problem and increase economic efficiency. C. always remedy the problem and increase economic efficiency. D. do nothing to improve the situation.

B

Explanation:

Collaborative planning , forecast and replenishment is a business tool that supports supply chain integration by networking other related departments in an organization.

It makes information gathering easier and consequently a faster decision making process.

New orders are placed automatically as the system is capable of discovering a re-order level of inventories , making the end-end  supply chain more efficient at a reduced cost