_________ Is Used as a Cushion for Cycle Stock So

question 38

Multiple Choice

_________ is used as a cushion for cycle stock so the retailer will not run out before the next order arrives.

• A) Base stock
• B) Core stock
• C) Cycle stock
• D) Seasonal stock
• E) Safety stock

---

Definitions:

Income Elasticity

A measure of how much the demand for a good or service changes in response to changes in the consumer's income.

Inverse Demand Function

A function that represents the price of a good as a function of the quantity demanded.

Soybeans

A species of legume known for its edible bean, which has numerous uses including oil, meal, and livestock feed.

Total Revenue

The income that a company receives from selling its goods or services before any costs or expenses are subtracted.