Question: 17. Goods such as socks have consistent sales that can be easily forecasted with a good degree of accuracy. This type of good usually can
17. Goods such as socks have consistent sales that can be easily forecasted with a good degree of accuracy. This type of good usually can be managed through a ________ supply chain.
- pull
- push
- just-in-time
- forecasted
- both a. and b.
18. "__________ pricing saves consumers the time and effort associated with searching, while __________ pricing provides the thrill of the chase for the lowest price."
- EDLP; high/low
- skimming; EDLP
- high/low; EDLP
- high/low; skimming
- skimming; high/low
19. Lena's Local Diner is furnished comfortably, so overall consumers are satisfied with their ____________. However, the hours when they are open are extremely inconsistent. This suggests their ____________ is likely below consumers' zone of tolerance.
- responsiveness; tangibles
- reliability; tangibles
- tangibles; assurance
- tangibles; responsiveness
- tangibles; reliability
20. Southeast Airlines knows that consumers can't try out their service before they buy. They offer a money-back guarantee to ease consumers' fears about the _________________ nature of production and consumption.
- inseparable
- heterogeneous
- perishable
- intangible
- all of the above
21. Goods such as cars, furniture and yachts may be produced only once current inventory has been sold. This is called a ______ supply chain."
- pull
- push
- just-in-time
- forecasted
- both a. and b.
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