R.H.Kurt & Son R.H.Kurt & Son,Inc.distributes Rifles for Both Hunting and Target Shooting,rifle

question 78

Multiple Choice

R.H.Kurt & Son
R.H.Kurt & Son,Inc.distributes rifles for both hunting and target shooting,rifle barrels,triggers,cleaning equipment,and reloading equipment to sporting equipment retailers and many large discount stores.It carries products from 41 different manufacturers.The manufacturers whose products it carries are known for producing superior products and are leaders in their industries.In addition,Kurt is able to repair damaged rifles through its gunsmith service,which is available to all of its retailers.
-Refer to R.H.Kurt & Son.If Kurt wishes to make sure its gunsmith service is profitable,it must consider:

• A)how it can minimize the time a customer must wait for his or her rifle to be repaired.
• B)how the opening of hunting season will affect demand for its services.
• C)how to maintain an adequate staff.
• D)whether to ship the repaired rifle to the customer or the retailer.
• E)all of these options.

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Definitions:

Qualitative Demand Forecasting

A method that uses subjective judgment rather than numerical analysis to predict future demand for products or services.

Envelope/Scenario Forecasting

A forecasting method that involves creating a range of possible future outcomes based on different scenarios or assumptions.

HR Budgets

Budget allocations specifically designated for human resources activities including recruitment, training, salaries, and benefits.

Staffing Tables

Charts or documents that outline the current and projected number of employees in an organization, often broken down by department or role.