Which of the Following Does NOT Describe the Benefits of Utilizing

question 82

Multiple Choice

Which of the following does NOT describe the benefits of utilizing distribution centres over direct store delivery?

• A) More accurate sales forecasts are possible when retailers combine forecast for many stores serviced by one distribution centre, rather than doing a forecast for each store.
• B) Distribution centres enable the retailer to carry less merchandise in the individual stores.
• C) The use of distribution centres increases inventory investment systemwide.
• D) It is easier to avoid running out of stock or having too much stock in any particular store because merchandise is ordered from the distribution centre as needed.
• E) The effects of forecast error for the individual stores are minimized and less backup inventory is needed to prevent stockouts.

Assess how changes in determinants of demand and supply, such as consumer income or resource prices, affect market equilibrium.

Explain the impact of changes in the prices of substitute goods on the demand for a product.

Identify the outcomes of simultaneous shifts in both supply and demand curves on equilibrium price and quantity.

Understand the significance of equilibrium in achieving allocative efficiency in markets.

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Definitions:

Light-Sensitive

The quality of being responsive or reactive to light, often referring to certain cells in the retina or materials that change when exposed to light.

Inner Portion

Refers to the internal part or area of something, often implying a core or central component.

Pupil

The adjustable opening in the center of the eye through which light enters, and whose size is regulated by the iris.

Physical Development

The process that starts in human infancy and continues into late adolescent concentrating on gross and fine motor skills as well as puberty.