Data Is Collected from 20 Sales People in Order to Verify

question 129

Multiple Choice

Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Excel printout is shown below.
The slope in this instance indicates:

• A) For each additional contact made, the salesperson can anticipate an additional $1983 in sales
• B) For each additional contact made, the salesperson can anticipate an additional $1.98 in sales
• C) For each additional contact made, the salesperson can anticipate an additional $7,554 in sales
• D) For each additional contact made, the salesperson can anticipate a drop of $7,554 in sales
• E) For each additional sale made, the salesperson can anticipate an additional 2 contacts are needed

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Definitions:

Reorder Period

The time interval between placing orders for supplies or inventory to replenish stock.

Lead Time

The total time that elapses between the initiation and completion of a process, such as the period from placing an order to delivery of a product.

Re-Order Point

The reorder point is the level of inventory that triggers an action to replenish that particular inventory stock, ensuring a seamless operation without stockouts.