Consumers Can Visit L

question 281

Multiple Choice

Consumers can visit L.L.Bean's website to scan and order from among thousands of displayed products without fighting traffic,finding a parking space,or standing in store checkout lines.This is an example of the first reason why consumers buy online,which is __________.

• A) convenience
• B) customization
• C) communication
• D) cost
• E) control

---

Definitions:

Demand Volatility

The degree to which demand for a product or service can fluctuate unpredictably over a certain period, affecting supply chain and inventory management strategies.

Safety Inventory

Inventory kept as a buffer against forecasted demand and supply variability to prevent stockouts.

Forecasted Demand

The estimated amount of product or service that will be bought by customers in a future period, often used for planning in business operations.

Postponement

A supply chain strategy that delays the final production or distribution of a product until customer orders are received to minimize inventory and forecast error costs.