Which Inventory Planning Tool Can Be Used for Staple,fashion,or Fad

question 88

Multiple Choice

Which inventory planning tool can be used for staple,fashion,or fad merchandise?

• A)want slip
• B)never-out list
• C)model stock plan
• D)basic stock list

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Definitions:

Paying Late

Paying late refers to the action of failing to meet the due date for a financial obligation, which can lead to late fees, interest charges, and negative impacts on credit scores.

Credit Terms

Statements of the credit period and any discounts offered—for example, 2/10, net 30.

Discount Period

The time interval between when a bill of exchange is issued and its payment date, during which the bill is sold at a discount from face value.

2/10, Net 30

A common credit term indicating that a buyer can take a 2% discount on the invoice price if payment is made within 10 days, otherwise, the full invoice amount is due in 30 days.