Question

Which of the following items is mostly likely managed using a single-period order model? gas sold to a gas station automobiles at a dealership Christmas trees metal for a manufacturing process canned food at the grocery store

Answer 1

Answer:

The correct answer is Christmas trees.

Explanation:

A single period inventory model is a business scenario aimed at companies that place seasonal or one-time orders. There is only one possibility to get the right amount when you place the order, since the product has no value after the time it is necessary. There are costs for asking too much and too little, and company managers should try to get the right order the first time to minimize the chances of having losses.