Final answer:
Amazon Retail Analytics is indeed a tool that helps vendors analyze sales and operational data like revenue and inventory levels, and it is an integral part of managing a vendor's business on Amazon.
Step-by-step explanation:
The claim that Amazon Retail Analytics is a set of dashboards that lets vendors analyze sales and operational data, such as revenue and inventory levels, is true. Amazon Retail Analytics provides vendors with critical insights into various aspects of their business operations with Amazon, encompassing sales performance, inventory management, and other key operational metrics. This tool enables vendors to optimize their sales strategies and effectively manage their inventory on the Amazon platform, thereby harnessing the advantages of economies of scale and Amazon's extensive logistical capabilities to drive their businesses forward.