Question: Recall the example we give in class for setting a buy - back price. Which of the following statements about this formula is false? Group
Recall the example we give in class for setting a buyback price. Which of the following statements about this formula is false?
Group of answer choices
The buyback price ensures that the supplier bears more risk than the retailer.
The buyback price may change if the wholesale price changes.
The buyback price sets the retailers critical ratio equal to the supply chain critical ratio.
The buyback price assumes that the retailers salvage value is less than the price of product in the manufacturers secondary market.
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