Question: Topic A How does your household make its purchasing decision for groceries (e.g. bread, milk, peanut butter, toilet paper, etc.)? Do you have a short
Topic A
How does your household make its purchasing decision for groceries (e.g. bread, milk, peanut butter, toilet paper, etc.)? Do you have a "short list" of vendors? Or do you mostly visit one place, but go to another if there are sales? Have you ever run out of an essential product? How do you determine what quantity to buy when you do go to the grocery store? Are you "overstocked" on any particular household products? Could you implement a "reorder point" or EOQ (economic order quantity in Section 12-4b) system for your household? When the household buyer goes, does this person have a "purchase order?" If so, what is their "purchase order?" Discuss.
Topic B
Have you ever shopped at a warehouse store (e.g. City Mill, Home Depot, Lowes, Costco, etc)? What are the challenges in stocking and shelving at these stores? How did you find the goods for which you were shopping at this store? If the store used RFID or other technology that helped shoppers locate product inside the store, do you think you would install that app on your phone? Discuss?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
