Add two (2) new customers, two (2) old customers and two (2) new POS transactions.  SalesID InvoiceNo TransDate Item Description Color Size qty Price StoreID YearID Brand Name Address CurrID YEARVAL 82605 10828 06-Dec-09 8720400000227 REGULAR CIGARS     1 21.74 TCS 2009 HENRI WINTERMANS Yetty   BDS 2009 47075 45036325 26-Aug-08 POSTCARDS POSTCARDS     1 1.4 CS 2008   Guenna   BDS 2008 4590 60007295 14-Jan-08 3707-11-6 BLOUSES BLK/MLT L 1 586 CC 2008 GOTTEX Yankee CORAL REEF HOTEL USD 2008 4599 60007301 15/1/2008 3007-319-18 PANTS CORAL XS 1 200 CC 2008 CUT LOOSE Quigly YEARWOOD RD BLK ROCK USD 2008

Q: Explainwhat is stock out cost , carrying cost in inventory management?

A: Stock-Out Costs These are the expenses incurred as a result of delays in meeting demand or the…

Q: Define the  terem Exchange control?

A: Governments may want to save foreign cash in a scenario when the balance of payments is getting…

Q: The XYZ Bank sets up a temporary location after the bank bolding aroyed by a teftate the expenses OA…

A: The objective of the question is to determine the type of loss that the XYZ Bank incurs when it sets…

Q: 9. Is this statement true or false? Explain. "If a retailer is effective, but its suppliers are not,…

A: Retailing is the process in the distribution system or the Supply Chain management which includes…

Q: MULTIPLE CHOICE: 1.‌Excessive inventory rob of A. Sales volume B. Production requirements C. Total…

A: Disclaimer: "Since you have asked multiple questions, we will solve the first question for you. If…

Q: What is meant by term standby commitments

A: A standby promise is a legal contract in which an institution agrees to lend a set amount to a…

Q: Title: Inventory management system Make a introduction for the given title.

A: Keeping a solid production and supply chain network is a troublesome assignment that includes…

Q: When the supplier provides only what is needed when it is needed this known as

A: The correct answer is option(A)

Q: Glamor boutique uses the newsvendor model to manage its inventory. Demand for its product is…

A: The Newsvendor Model is a classic inventory management model used to determine the optimal order…

Q: Find the EAR in each of the following cases: Stated Rate (APR)        Number of Times Compounded…

A: For discrete compounding, to find the EAR, we use the equation: EAR = [1 + (APR / m)]^m – 1 EAR = [1…

Q: To reduce and dampen information distortion, what should firms do? (select all that apply) Group of…

A: It is the goal of every supply chain to maximise the total value created. The value created by a…

Q: 1D. Explain the most popular model introduced by St. Elmo Lewis, which explains how personal selling…

A: The popular model introduced by St. Elmo Lewis is a model analyzing and measuring the journey of a…

Q: A buyer needs to average a 44% markup.  She has purchased 25 flannel robes that cost $18.50 each and…

A: Markup % = 44 %   Cost: - Flannel robes 25 for $18.5   Fleece robes 32 for $24   Retail: -…

Q: why and how companies should manage inventory level?

A: Inventory level:- The amount of inventory you have available across your whole distribution network…

Q: State True/False Goverment licensing is an entry barrier in perfect competition

A: False. In a perfectively competitive market there are no barriers to entry.

Q: Define Supplies?

A: The term supplies is different in for every field, In terms of marketing, supplies can be explained…

Q: Multiple Choice Question, Select correct one : Question 1) Vendor selection requires: A) vendor…

A: The buying division assumes a sense of ownership with the seller determination which is an…

Q: Differentiate b/w a) Public and Private Warehouses b) Centralized and de-centralized warehouse

A: Public Warehouse Private Warehouse Operating Cost Factor Higher due to inclusion of…

Q: What is the purpose of inventory control?

A: A computerised inventory control system integrates all facets of inventory management into a single…

Q: Vendor  Billed Cost Original Retail Net Sales Initial markup% Maintained markup% Reductions% Vendor…

A: Vendor (A) Billed Cost (B) Original Retail (*C) Net Sales(D) Initial markup%for each vendor(E=B X…

Q: An illustrative example of discount price Mode ( Example by numbers ) after explaining its nature…

A: Lowering the value of a product to stimulate sales may be a common strategy utilized in each space…

Q: Briefly describe the elements of the extended marketing mix (7Ps) in relation to Golder Ferries

A: Golden Ferries is a ferry transportation company that provides services to customers traveling to…

Q: Age requirement for merchants is 18 years' old. O False True

A: The age requirement for merchants is 17.5 years old.

Q: FOB shipping point means the ___________ is responsible for paying shipping costs, and bears…

A: FOB shipping point means the Buyer is responsible for paying shipping costs, and bears ownership and…

Q: What recommendations would implement to the Magstar Total Retail?

A: Please find the answer below.   CRM: A tool known as customer relationship management (CRM) is used…

Q: Which broader category of inventory cost does opportunity costs belong to? O a Carrying costs Ob.…

A: Inventory management is important for the firm. While managing the inventory, the organization has…

Q: ding about the

A: Authoring incorporates a bunch of plan components, documents, and various tools for the advancement…

Q: List all of MLM's (Martin Marietta Materials) competitors both in the US and internationally.

A: Competitors refer to firms who are also in the same business and may target the same group of…

Q: # 2 What are the main sales strategies?

A: What is a Sales Strategy:-  A business technique is characterized as an archived plan for situating…

Q: Product situation: Personal selling is relatively more effective and economical in case

A: Marketing helps the customer to recognise their own needs and find the right solution on them. It…

Q: Describe the purpose of usin ABC analysis in inventory and provide explanation for each category.

A: ABC analysis rferrs to an inventory management system aimining to determine the values of inventory…

Q: personal selling.

A: Selling is a marketing function that entails assessing a customer's needs and desires, and then…

Q: Revenue management requires management to deal with:a) multiple pricing structures.b) changes in…

A: Revenue management is described as the usage of analytics to adjust the prices of each service and…

Q: which among the following merchandise categories, new products are introduced continuously making…

A: A merchandise category is a grouping of goods and services by characteristics, for example, ladies'…