The _____ Method of Merchandise Planning Requires That,in Addition to a Base

question 3

Multiple Choice

The _____ method of merchandise planning requires that,in addition to a base stock level,there will be a variable amount of inventory that will increase or decrease at the beginning of each sales period.

• A) base level
• B) base BOM contribution
• C) basic stock
• D) stock-to-sales
• E) average stock

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Definitions:

Seller

refers to an individual or entity that offers goods or services for sale to consumers or other businesses.

Merchant

An individual or business engaged in the selling of goods or services, especially those involved in wholesale or retail trade.

Risk of Loss

Refers to the financial and legal responsibility for damage, destruction, or loss of goods, usually determined by the terms of sale like F.O.B.

Identification

The act of identifying or confirming the identity of an individual or object.