Team learning originates in individual intuitions, is amplified through interpretation, and emerges at ______.
A. the leader’s request for ideas
B. the organization’s need for creativity
C. the team level as collective thoughts and actions
D. the team level as an individual win
C. the team level as collective thoughts and actions
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All of the following are true regarding the key principles of forecasting except:
a. Financial statement forecasts need not be comprehensive. b. Forecasts should not manifest wishful thinking. c. Financial statement forecasts must be internally consistent. d. Financial statement forecasts must rely on assumptions that have external validity.
Parnell, Inc has 5,000 shares of $5 par, 3% cumulative preferred stock outstanding and 25,000 shares of $2 par common stock outstanding. No dividends have been paid for the past two years. If the company wishes to distribute $2 per share to the common stockholders, what is the total amount of dividends that must be paid in the current year?
A) $52,250 B) $50,750 C) $50,000 D) $2,250
‘Cognitive structures that store our beliefs and expectations about the characteristics of members of social groups’ (Cuddy and Fiske 2002:4) is a definition of ______.
a. prejudice b. stereotyping c. racism d. none of these
The demand for refrigerators at an appliance store adheres to the following probability distribution:
Demand per day 0 1 2 3 4 Lead Time 1 2 Probability 0.15 0.2 0.3 0.2 0.15 0.80 0.20 Random # 01-15 16-35 36-65 66-85 86-00 01-80 81-00 The store orders 4 refrigerators per day to have in stock to meet demand. They are trying to maintain low inventory levels. The holding cost is $5/unit/day. The ordering cost is $20 per order. The lost sale cost is $10/unit. A simulation is to be developed to estimate the average daily inventory cost over 5 days. The table below shows the random numbers to be used for refrigerator demand and lead time on orders: demand random number lead time random number day 1 88 54 day 2 27 94 day 3 32 44 day 4 36 75 day 5 54 71 Assuming that beginning inventory is equal to 5 with no prior orders in transit, what is the overall average daily cost of inventory for the 5 days?