Cycle inventory is held to take advantage of economies of scale and reduce costs within a supply chain. Think of a product that starts with the first letter of your first name. Illustrate how the company that makes that product could take advantage of cycle inventory. (letter N)

Explain the two-part tariff and how it relates to a volume-based quantity discount?

Define forward buy and explain how it can be good for a retailer to use this concept during a promotion and Explain how it can be bad for a supply chain?