Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether or not it will become a best-seller is less certain. The bookstore's primary inventory management challenge is

a. how to get the author to sign copies of the book.

b. whether to price the books in the distribution center or at the retail store.

c. which other books to promote along with this book.

d. whether or not to display the book at the checkout counter.

e. having enough books to satisfy customer demands versus the cost of having the inventory.

Question

Joanna Lara

Business

4 September, 05:50

Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether or not it will become a best-seller is less certain. The bookstore's primary inventory management challenge is

a. how to get the author to sign copies of the book.

b. whether to price the books in the distribution center or at the retail store.

c. which other books to promote along with this book.

d. whether or not to display the book at the checkout counter.

e. having enough books to satisfy customer demands versus the cost of having the inventory.

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Answers (1)

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Erika Holmes · Answer 1

Answer: e. having enough books to satisfy customer demands versus the cost of having the inventory.

Explanation: This is because in inventory, there must be a balance between shortage cost, holding cost and the cost of ordering.