In this case the newsvendor mismatched the cost by mistake or because of some te

Question

In this case the newsvendor mismatched the cost by mistake or because of some technical situations but not intensionally kept that cost whether it might be lower than the actual price or higher than the actual price..

Because of people habituated to the news paper daily purchasing or monthly, they pay the actual amount and retailer also collects the actual price.

In most of the situations may few customers do not buy the newspaper if cost is too high so it may reflects in daily quantity of ordering, revenue, forecasting future situations, but the selling price remains same because people dont accept it all of sudden.

Intimating before about the cost may aware the people and the sellers so newsvendor can forecast different scenario's

So the answer for the question is The regular selling price of the product

Explanation / Answer

12 1.50 points Conceptual Question 13-10 A change in which... A change in which of the following does not result in a change in the mismatch costs incurred by a newsvendor? OThe quantity ordered The revenue received from salvaging inventory ·The regular selling price of the product °The coefficient of variation of the demand forecast The quality of the product

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.