Which inventory function helps firms garner quantity discounts?a.lot-size inventoryb.anticipation inventoryc.speculative inventoryd.fluctuation inventorye.transportation inventory
Question
Which inventory function helps firms garner quantity discounts?a.lot-size inventoryb.anticipation inventoryc.speculative inventoryd.fluctuation inventorye.transportation inventory
Solution
The inventory function that helps firms garner quantity discounts is a. lot-size inventory. This is because lot-size inventory refers to the quantity of an item you order for stock. By ordering in large quantities, companies often get discounts from suppliers, which is known as a quantity discount.
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A quantity discount is a price reduction to buyers who purchase: A. Frequently B. Large volumes C. Close outs D. Inferior merchandise
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