A major retailer wants to enhance their customer experience and reduce losses coming from their supply chain by eliminating ‘left-over’ and ‘out-of-stock' scenarios. Which type of Artificial Intelligence (AI) solution would be suitable for solving this problem? 1) predict the demand for a certain product by analyzing existing data 2) adjust prices and promotions to boost sales 3) introducing chatbots to help clients navigate a new season’s collections 4) drive recommendations by analyzing the historical data 5) I don't know this yet.

Answers 2

Answer:

3) introducing chatbots to help clients navigate a new seasons collections

The answer to the given question will be '2) adjust prices and promotions to boost sales'.

The retailer wants to enhance the customer's experience.
He/she also wants to reduce losses, with regard to their supply chain by eliminating 'left-over' and 'out-of-stock' scenarios.
He/she has to use an A.I. feature which is also known as Artificial Intelligence feature to do so.
Thus, the correct option will be '2) adjust prices and promotions to boost sales'.