Asked by Fabiha Tahsin on Jun 17, 2024
Verified
If quick response allows multiple orders in the season,
A) profits decrease and the overstock quantity decreases.
B) profits decrease and the overstock quantity increases.
C) profits increase and the overstock quantity decreases.
D) profits increase and the overstock quantity increases.
Overstock Quantity
An excessive amount of inventory that exceeds the demand, often leading to increased storage costs and potential waste.
Profits Increase
An upward movement in the net financial gains of a business, often resulting from increased revenue, reduced costs, or both.
Profits Decrease
The reduction in earnings, often due to increased costs, lower sales, or unfavorable market conditions.
- Acquire knowledge on how immediate responsiveness influences stock amounts, economic gains, and surplus inventory within supply chain operations.
Verified Answer
Learning Objectives
- Acquire knowledge on how immediate responsiveness influences stock amounts, economic gains, and surplus inventory within supply chain operations.
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