A Retailer's Role in a Supply Chain Is To

question 41

Multiple Choice

A retailer's role in a supply chain is to:

• A)act as the liaison between manufacturers and wholesalers
• B)buy merchandise exclusively from the manufacturers
• C)negotiate with manufacturers to eliminate a wholesaler
• D)satisfy the needs of the consumers
• E)sell to wholesalers

---

Definitions:

Carrying Cost

The full expenditure of keeping stock on hand, covering expenses related to storing, managing, value reduction, and the cost of alternative opportunities forgone.

Multiple Discriminant Analysis (MDA)

Statistical technique for distinguishing between two samples on the basis of their observed characteristics.

Statistical Technique

A method or formula derived from statistical science used to analyze, interpret, and collect data.

Samples

Small portions or quantities intended to show what the whole is like.