Which of the following describes the potential problems of approaches which improve inventory turnover?
A. Reducing the number of SKUs within a category can increase inventory turnover, but it can hurt sales if customers can't find the size or color they seek. Buying merchandise more often, and in smaller quantities, can reduce average inventory without reducing sales
B. while increasing operating expenses.
C. The reduced assortment can increase inventory tumover, however, customer patronage and sales can decrease.
D. All of the above
Ans: D. All of the above
You might also like to view...
Opponents of active stabilization policy
a. advocate a monetary policy designed to offset changes in the unemployment rate. b. argue that fiscal policy is unable to change aggregate demand or aggregate supply. c. believe that the political process creates lags in the implementation of fiscal policy. d. None of the above is correct.
The United States gives ________ percent of its total output to foreign aid
A. 0.28 B. 0.7 C. 0.4 D. 0.19
Congo, Dem. Rep. and Burundil have per capita GDPs of less than $______.
Fill in the blank(s) with the appropriate word(s).
In the long run, a profit-maximizing monopolistically competitive firm sets it price:
A. above marginal cost. B. below marginal cost. C. equal to marginal revenue. D. equal to marginal cost.