A retailer uses the percentage variation method in inventory level planning
If the store plans an average monthly stock of $200,000 and September sales are estimated at 15 percent more than average, the store's planned inventory level for September is _____.
a. $120,000
b. $200,000
c. $215,000
d. $230,000
c
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Big Donuts has already examined a series of environmental factors, reviewed its company's character, and established screening criteria. What should Big Donuts do next as it proceeds with the international planning process?
A. Match the company to countries. B. Adapt the marketing mix to target markets. C. Modify the company's position to communication objectives. D. Develop a marketing plan. E. Implement and control information obtained in the initial examination.
In acceptance sampling, when the random sample passes the buyer's incoming test (low number of defects found), the next action taken is to:
A) accept the entire lot of incoming materials. B) do additional testing to reduce the risk of accepting a bad-quality lot. C) place the lot on hold and wait for additional lots from this seller to be tested to assure consistent good quality. D) 100% inspect the lot because some defects were found.