ENTREPRENEURIAL PLANNING
OPERATIONS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Firm accepting orders for goods or services but unable to fill at the moment.
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Influencing demand
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Backordering during high-demand periods
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Counter-seasonal product and service mixing
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None of the above
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Explanation:
Detailed explanation-1: -Accounting for Backorders Backorders need special accounting and are expressed as the value of sales in dollars, or by the number of items ordered or sold. This accounting for inventory is done because it requires the company to let the customers know about the delivery of their order and other details.
Detailed explanation-2: -A backorder occurs when a customer order cannot be filled when it is placed, but is instead filled later.
There is 1 question to complete.