If demand per day or lead time are not constant, then the reorder point must include a level of inventory called ________

Fill in the blank with correct word.

Answer: safety stock

Business

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When consumers spend a considerable amount of time and effort in regard to making a purchase, they are engaged in _______.

Fill in the blank(s) with the appropriate word(s).

Business

Jackson, the sales representative of a European manufacturer of commercial heavy duty washing machines, calls on the hotels in California

During a sales call, he asks the housekeeping manager of a hotel "How many bed sheets do you wash in a day, on average?" This question can be classified as a(n) ________ question. A) situation B) problem C) implication D) need-payoff E) consequence

Business