The buyer can change the purchased quantity based on the updated demand forecasts for the product under the ______ contract.

Question

Quizplus · Accepted Answer

The quantity-flexibility contract allows the buyer to change the purchased quantity based on updated demand forecasts, making it the best choice in this scenario. The buyback contract allows the seller to repurchase unsold products but does not address changes in demand forecasts. The revenue-sharing contract links payment to the product's revenue, and the fixed-price contract sets a specific price for a given quantity of the product, neither of which addresses demand forecast changes.

The Buyer Can Change the Purchased Quantity Based on the Updated