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A large retailer keeps a running inventory of every item stocked, which is updated at the point of sale. They know how many they usually
A large retailer keeps a running inventory of every item stocked, which is updated at the point of sale. They know how many they usually sell each week, so when the quantity onhand reaches a set minimum, the product is automatically reordered. This is an example of
A a nonprogrammed decision
B a programmed decision
C escalation of commitment
D risk propensity
E intuition
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