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Vlad1618 [11]
3 years ago
14

. If you were running the clothing or grocery store, which inventory control method would you prefer to use? Describe at least o

ne, and explain why you would use it. (1-2 sentences. 1.0 points)
Business
1 answer:
Aleksandr [31]3 years ago
6 0

If you were running the clothing or grocery store, the use of digital technology that is integrated with software packages like bar coding and software packages accurately controls inventories.

<u>Explanation:</u>

The process of keeping track of information that are related to the items that arrives at a shop and the items that are sold from a shop is called as inventory control. When the size of the shop is not big then this task may appear to be easier. When it comes as a big shop then this becomes a tedious task.

Those items that are kept for sale and those number of items that are left on the store must be taken into account. The items that are returned by the customers should also be considered. These things can be easily controlled by using a software package and a bar coding that is associated with all the apparels in the shop. Whenever new set of items comes into the shop it will be automatically fed to the computer and when the items are purchased by the customers it will also be fed into the computer. Hence the process is made easier.

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Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce l
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Complete Question:

Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce limited quantities of her own clothing designs. After a few months of operation, she decides to apply some of the forecasting techniques she mastered in school. Which of these statements about her forecasts is correct?  

  1. Her forecasts will probably be 100% accurate.
  2. Her demand forecasts for a year from now will probably be more accurate than her demand forecasts for three months from now.
  3. Her demand forecasts for each style of skirt will be less accurate than her demand forecasts for all skirts.
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Answer:

Option 4 is the correct answer

Explanation:

Because the only best way to forecast the amount of fabric required for the is dependent upon the number of customer orders for each type of skirt she receives.

Remember that the forecasting cannot be 100% correct because we human and we cannot tell the future with 100% surety. All we can do is guessing what would happen.

With the help of past data we can better estimate the demand. As their is no past data available we can make a reliable forecast of the skirt sales.

Option 3 is also incorrect because forecasting is dependant upon the reliable source of information which helps in estimating what would happen. Estimating single or combined sales is not a reliable source of information.

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Which of the following skills is necessary for a market researcher?
stira [4]

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<em> So a receptive person is willing to receive things, especially opposing arguments, constructive criticism, and helpful hints. How receptive you are speaks to your willingness to have an impression made upon you.</em>

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