As a Buyer for a Local Dress Store,you Are Responsible

question 95

Multiple Choice

As a buyer for a local dress store,you are responsible for choosing next season's stock.Today you decided to include a selection of Asian-inspired dresses in your fall line based upon fashion trends and your own intuition.What type of problem did you handle?

• A) A structured problem.
• B) A schedule problem.
• C) An unstructured problem.
• D) A semi-structured problem.

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Definitions:

Consumption

The process of using goods and services to fulfill needs or desires, typically referring to the end-use of products by individuals or households.

Mass Production

The manufacturing of large quantities of standardized products, often on assembly lines, enabling economies of scale.

Operations Management

This sector of management deals with formulating and managing the processes involved in producing and innovating business operations for the production of goods or services.