Safeway Supermarkets recently placed an order with the Kahn Corporation. Safeway has ordered these same products before under the same terms of sale. What type of purchase does this situation represent?

Straight rebuy

Explanation:

  According to the given scenario, the straight rebuy is one of the type of purchasing process that basically helps in representing the given situation as straight rebuy is one of the process that helps in reorder the products and the services from the producers.

The straight rebuy is basically occur when the customer is purchasing the similar product and at same amount or price from the identical producer for second time then this type of situation is known as the straight re-buying process in the market.  

 Therefore, Straight rebuy is the correct answer.  

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23