Chapter 2, Problem 8HMP

Explanation of Solution

Don’s Lumber Company:

• The cost of lumber and other materials changes in constant periods.
• The price of the pre-finished wood flooring will be decided by the supplier.
• The supplier depends on the manual price sheets and updates them every day.
• Sometimes, the company fails to provide the present cost of the products and hence, the supplier calls back Don’s sales.
• Updating the price sheets every day requires much time and decreases the sales.
• If the pricing sheets are not updated every day may create confusion to customers.
• By using the online data systems, the price sheets can be updated immediately.
• Using e-commerce, the data required can be shared through websites and smartphones instead of papers.
• The information shared through e-commerce will be shared in a secured way...