Which of these products would be most likely to involve the use of a single period model for ordering?
A)Gold coins
B)Hammers
C)Fresh fish
D)Calculators
E)Frozen corn

Question

Quizplus · Accepted Answer

Fresh fish has a short shelf life and therefore would require a single period model for ordering. This model would help determine the optimal quantity to order to meet demand for that specific time period without having excess inventory that would spoil.

Which of These Products Would Be Most Likely to Involve