Which broader category of inventory cost does opportunity costs belong to? O a Carrying costs Ob. Ordering costs Oc Purchase costs Od Stock-out costs

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: Haley is shopping for a new outfit to wear toan awards banquet where she will be honored.She has…

A: Banana Republic is brand which specializes in clothing line. Designer shoe warehouse specializes in…

Q: Why did Gateway choose not to carry any finished-product inventory at its retail stores?

A: Gateway, a manufacturer and retailer of computers, decided strategically to not stock any finished…

Q: differentiate between ordering cost and setup cost and provide examples to supplement your answer

A: A cost is an expense that occurred to produce or deliver something. Cost can also be defined as…

Q: Is subscription pricing likely to be as popular withcust- omers as it is becoming with many product…

A: Organizations should set the price of their product or service by adopting different pricing…

Q: Summary) for Business Plan I. The Business Description: (What is the Name of your Business?). II.…

A: 1- Name of my business is HAWKINS, Hawkins Cookers Limited is an Indian company which manufactures…

Q: Explain what are the 2 issue that inventory management tries to solve?

A: Stock management refers to the quantity of inventory that can be ordered in order to avoid resource…

Q: help me solve this practice problem please

A: Let's take a closer look at the computations. Combination 1: Supplier A's orders placed five times…

Q: Which of the following is NOT a type of inventory-related cost?

A: There are many costs that go into inventory. Inventory-related costs are incurred in the process of…

Q: Explain the whole-channel view of the distribution process. MORE THAN 3 paragraphs

A: Distribution channels are carefully designed to demonstrate the long-term commitment and…

Q: Which benefits does efficient supply chain management provide retailers concerning product…

A: A well-managed supply chain helps to shorten lead times, making products more readily accessible to…

Q: Discuss the concept of stockout costs. How canstockout costs be calculated?

A: Stock out costs are the cost which arises when an organization is not able to fulfil the demand due…

Q: Differentiate between holding costs and stockout costs with example.

A: Inventory costs include the costs of ordering and storing inventory, as well as the costs of…

Q: Hoffman's Meats has produced quality sausages and meats for over 88 years. Grocery store chain Food…

A: Private Brand

Q: 1.Give three(3) advantages of purchasing at the mall 2.Give three(3) disadvantages of purchasing at…

A: Purchasing refers to a process or activity of buying or procuring goods and services from an…

Q: What are ordering costs? What is the tradeoff betweeninventory carrying costs and ordering costs?

A: A cost is the value of money that is used to produce something or provide a service, and is not…

Q: Organic Jellies allows a 10 percent reduction off list prices whenever a retailer orders more than…

A: A quantity discount is a selling approach where a good or service's unit price declines as an end…

Q: 5. When a manufacturer employs every possible distribution outlet available to get their products to…

A: Multiple distributions involve a business using more than one or all types of distribution channels.

Q: What is reorder point and provide an example of it.

A: A reorder point is the precise level at which your stock must be replenished. In other words, it…

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: State the activities that warehousing includes.

A: Warehouses are storage facilities used by businesses to protect their products and raw materials…

Q: Unlike traditional car manufacturers, some carmakers have used limited showrooms and dealerships and…

A: A distribution model is a series of businesses or mediators that a product or service goes through…

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: Karim owns a small strawberry farm, each season he se!ls strawberries to his family

A: A distribution channel signifies a businesses chain by which the ultimate purchaser procures a good…

Q: In the context of retail formats, the merchandising concept of 'category management' guided the…

A: Category management can be explained as the process whereby the organization tries to bundle the…

Q: Imagine an Italian restaurant nearby a shopping mall. Assume you are in charge of that store. What…

A: Transporting Guests to Italy: Creating a Memorable Italian Restaurant Atmosphere An opportunity…

Q: Please review the following chart from Chapter 12. The Retail Business The Buying Function •…

A: The selling function is the most important factor in my opinion because advertising is the most…

Q: Describe the differences in merchandise assortments for convenience stores, supermarkets, box…

A: Let us define what is merchandise assortments: The diversity of products that a retailer stocks and…

Q: Contrast between the Distribution center versus direct Store delivery?

A: Direct store delivery (DSD) is a procedure in which inventory or merchandise is delivered directly…

Q: Wholesale and retail credits definition and give examples and illustrations

A: Wholesaling is the practice of purchasing items in bulk from a manufacturer at a reduced price and…

Q: Lulu Hypermarket is the leading retailer in the Middle East. They sell their Lulu brand of bread,…

A: Hyper market is a huge store that allows a wide variety of products that are sold under one roof.…

Q: What is the difference between a buy order and a purchase requisition?

A: A broker is described as a firm or an individual that works as an intermediary between a securities…

Distribution

Distribution is the process of making a product or service available to consumers. It is a component of the marketing mix which facilitates the movement of goods and services from the seller and buyer to the end consumer. This includes direct selling, where a company sells its products directly or by the means of intermediaries such as wholesalers, retailers, distributors, and other third parties to facilitate distribution.