In exclusive distribution, a manufacturer tries to have a product available in every outlet where potential consumers might want to buy it
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
Exclusive distribution is a restrictive form of market coverage, which entails only one or a few dealers within a given area.
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One way to organize your reading notes is to make an outline
Indicate whether the statement is true or false
How much time passes between orders if they order optimally (in accordance with the EOQ policy)?
The Krewe of Orpheus maintains a supply of swizzle sticks for events throughout the year. Demand for swizzle sticks is shockingly low, a quick check of krewe records from last year reveals that they used only 585,000, but the krewe president believes that they should be good stewards of what they have, so they seek to manage this inventory using the EOQ policy, although they prefer to refer to it as an EOKrewe policy for obvious reasons. Swizzle sticks are not expensive items, they cost a nickel apiece largely due to the club logo printed on each one. This also serves to increase the lead time as they can't be obtained from a standard restaurant supply house. Instead, they must be ordered with an eye towards the six day lead time. It costs $15 to place an order, most of this cost is a result of explaining the meaning of "Laissez les bons temps rouler" and why it should be printed on the edge of each swizzle stick. Holding cost is 20% of purchase price. A) 26 days B) 28 days C) 29 days D) 31 days
Title VII of the Civil Rights Act protects all individuals from employment discrimination based on sex or gender
Indicate whether the statement is true or false
Which of the following coefficients of skewness values has the lowest degree of skewness?
A) 1 B) 1.1 C) 0.5 D) 0.05