Difficulty: Easy
Correct Answer: Neither I nor II is implicit
Explanation:
Introduction / Context:
The shop says it can source the item on a firm order though it is not currently available. We must decide whether lack of demand or an upcoming model must be assumed.
Given Data / Assumptions:
Concept / Approach:
There are many reasons a store does not stock an item routinely: supplier terms, storage limits, custom nature, cash-flow control, or lead-time logistics. None of these require assuming low demand or a model refresh.
Step-by-Step Solution:
Verification / Alternative check:
Negate I and II; the store could still stock on order due to policy or nature of product. Hence neither assumption is necessary.
Why Other Options Are Wrong:
Common Pitfalls:
Assuming every non-stock item has low demand or is end-of-life. Procurement practices vary widely.
Final Answer:
Neither I nor II is implicit
Discussion & Comments