Description: This simulation is produced by
Bozeman College of Business at Montana State University and provides a useful
model for teaching students about retail inventory management. Students learn
how to maximise profits by ordering the appropriate stock in anticipation of
demand and by setting prices sufficient to make a profit. Students also learn
how to estimate costs of running a retail business. Blank boxe comments and suggestions can be sent to the site owners at
Bozeman College.
Keywords: inventory
management, organisational management, pricing, retail management, retail
marketing, simulations, supply and demand, retail trade, profits
Language: eng
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