A "big box" retailer is trying to deal with pressures on profit margins by minimizing costs of inventories while never being "out of stock" for their customers. The big box retailer will use the ___ quantitative approach. A) network models B) inventory analysis C) queuing theory D) linear programming E) mathematical forecasting

Question

Quizplus · Accepted Answer

Inventory analysis is the correct approach for a retailer looking to optimize inventory levels to minimize costs while avoiding stockouts. This method focuses on determining the most cost-effective quantity and timing of inventory.

A "Big Box" Retailer Is Trying to Deal with Pressures