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Questions 6 and 7 relate to the following case study: Case study: You are the founder and owner of a boutique store that sources products

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Questions 6 and 7 relate to the following case study: Case study: You are the founder and owner of a boutique store that sources products from around the country and manages its own logistics. In order to reduce costs, you have decided to hire a freelance data scientist to support you in coordinating and organizing transportation of the various products from numerous suppliers. This would involve warehousing some products locally before a large enough collection of products is accumulated to warrant a trip. Question 6 Not yet answered Marked out of 1.00 You want to ensure that you have appropriate metrics in place to monitor the impact of this project on the cost of transport. The data scientist has suggested the various options. Indicate whether the following metrics are appropriate for this project, based on the information provided. Amount of outdated stock to be sold in seasonal sale Choose... Total number of customers who describe themselves as highly satisfied Choose... Appropriate Inappropriate Choose... Number of days that stock spends in warehousing Choose... . Total number of customers that are likely to recommend your store to a friend Choose... e Dollars saved as a result WTCC WTCCUTONOWY UCWU appropriate for this project, based on the information provided. Amount of outdated stock to be sold in seasonal sale Choose... Total number of customers who describe themselves as highly satisfied Choose... > Number of days that stock spends in warehousing Choose... Total number of customers that are likely to recommend your store to a friend > Choose... Dollars saved as a result of shared transport vehicles Choose... Choose... Appropriate Inappropriate Question 7 relates to the following additional information: Additional information: A few months after this system has been implemented successfully, you decide that you want to see whether you can reduce the costs further by decreasing the amount of money spent on warehousing. You try various methods and want to measure their effectiveness against one another. Question 7 Which two of the following metrics are most suited to this project? Not yet answered Select more than one: Marked out of 1.00 a. The length of time that products are housed in the warehouses b. The rate at which new products are launched to market O c. The number of items returned by customers d. The demand for the products that are stored in warehouses

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