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Grackin Corporation is pushing into a new county in which they are not well-known already,as they are in their current territories.As part of this new push,the sales director decides to use a strategy of aggressive cold-calling by the salespeople.
-Because cold calling does not immediately result in a high level of closed sales,some companies feel that it is worthless.However,when done correctly--by researching the prospect and keeping the call bright and focused--it can be:
Optimal Order Size
The quantity that minimizes the total cost of inventory, including holding and ordering costs.
Annual Inventory Cost
The total cost associated with storing and maintaining a company's inventory over one year, including warehousing and insurance.
Maximum Inventory Level
The highest amount of inventory a business can hold to efficiently meet customer demand while minimizing holding costs.
Setup Cost
The expenses incurred to prepare and equip a process, production line, or machine to manufacture a new product batch or order.
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