Register now or log in to join your professional community.
A)
Fast delivery
B)
High quality
C)
Low price
D)
Dependable delivery
Hello Team,
Inventory Control: Consider a retailer that maintains an inventory of a particular product. Since customer demand changes over time, the retailer can use only historical data to predict demand. The retailer’s objective is to decide at what point to reorder a new batch of the product, and how much to order so as to minimize inventory ordering and holding costs. More fundamentally, why should the retailer hold inventory in the first place? Is it due to uncertainty in customer demand, uncertainty in the supply process, or some other reasons? If it is due to uncertainty in customer demand, is there anything that can be done to reduce it? What is the impact of the forecasting tool used to predict customer demand? Should the retailer order more than, less than, or exactly the demand forecast? And, finally, what inventory turnover ratio should be used? Does it change from industry to industry?
Regards,
Saiyid
Fast delivery........................................
Option A, Fast delivery will be the appropriate answer because to meet uncertain demand fast delivery is the right option whereas dependable delivery or other options will not serve immediate requirement purpose
c. Low price =============== is the right answer
I THINK LOW BRICE OPTION (C)
As I know, dependable delivery is the good solution.
option " D " .
Dependable delivery as i think.
The answer is
A) Fast delivery
