Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Week 7 DQ _Principles of Retailing

Week 7 DQ _Principles of Retailing

Q 7-1 Discussion: Pricing, Inventory, and the Impact of External Factors

View Related Questions

Solution Preview

This was by far the most interesting exercise. It was interactive and educational. Initially I though the exercise is going to be easy but well it was not. I had to go through a lot of trial and errors before getting the perfect combination. I understood that how profit and loss of the coffee shop depends on the weather condition. This is something very interesting. The first 6 days went behind understanding the right combination and quantity. I made a profit of $29.30.