The purpose of inventory management is to determine ________ and ________ to order

The seller has a contract to sell the property for $80,000. Another buyer wants to make an offer for $85,000. You should..

A. Tell the second buyer the property is already under contract and you cannot present the new offer B. Present the offer and if it is not contingent upon the present offer offer's failure to close, insert a contingency in a counter offer C. Tell the seller to break the $80,000 contract and accept the new $85,000 offer D. Hold the new offer and present it only if the first contract does not close

Milt Alden says that his line workers "know each product like the back of their hands," and that this knowledge helps the company keep its prices low. This indicates that Alden Manufacturing most likely benefits from the ________

A) cost-plus pricing B) value-added pricing C) experience curve D) inelastic demand in the market E) derived demand in the market