In: Operations Management
An industrial bakery agrees to supply one hundred thousand loaves of bread monthly to a major Canadian grocery chain at a price of $1.00 per loaf. Before deliveries begin, the baker rethinks the deal, feeling it should have charged more. On review, it discovers that the contract recites “one hundred” loaves of bread monthly at $1.00 per loaf. What recourse will the grocery chain have if the bakery refuses to honour its price beyond 100 loaves?
GIVEN THAT
Following are the recourses the basic food item chain has
recourse That will the grocery chain have if the bakery refuses to honour its price beyond 100 loaves is: