Refer to the Following

question 37

Multiple Choice

refer to the following:
The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of beer each day. Ordering costs are $8 per order, and beer costs $0.80 per six-pack (each case of beer contains four six-packs) . Orders arrive three days from the time they are placed. Daily holding costs are equal to 5% of the cost of the beer.
-At what point should the manager reorder?

• A)0 cases remaining
• B)4 cases remaining
• C)12 cases remaining
• D)16 cases remaining
• E)20 cases remaining

---

Definitions:

Time To Market

The duration it takes for a product or service to move from conception to being available for sale to consumers.

Consumer Adoption

The process by which customers accept and purchase new products or technologies.

Product Launch

The introduction of a new product to the market, encompassing activities from marketing to distribution.

Adopter

An individual or entity that starts using a new product, technology, or idea.