Lana owns Party Platter, a store that specializes in festive decorations and attractive but disposable tableware. She is projecting that the economy will rebound this fall. She ordered additional holiday-themed merchandise in February in anticipation of possible surge in sales during the holiday season. In this case, which of the following methods is Lana using to be sure that she has enough gifts for extra holiday customers?
A)Just-in-time inventory
B)Smoothing
C)Benchmarking
D)Buffering
E)Diversification

Question

Quizplus · Accepted Answer

Buffering is creating supplies of excess resources in case of unpredictable needs. In Lana's case, she has accumulated additional inventory to sell during the holiday season because demand is unpredictable.

Lana Owns Party Platter, a Store That Specializes in Festive