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Consider a local florist. Over the past 10 years, demand for red roses during the week of Valentine's Day has been very consistent with little
Consider a local florist. Over the past 10 years, demand for red roses during the week of Valentine's Day has been very consistent with little variation from year to year. Regardless of when orders are placed, roses are delivered just before Valentine's Day. When deciding how many red roses to order for the upcoming Valentine's Day, this florist should: a. Consider using a responsive supply chain approach. b. Place orders well before Valentine's Day if they can get a good price for red roses. c. Place orders at the last minute, even if purchase costs are higher
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