Select the description which most closely fits the term LEAD TIME
A) the time it takes to replenish an item in inventory
B) extra inventory of an item carried to protect against variations in demand during lead time
C) a listing of components required to manufacture a product
D) the time when an order should be placed
E) none of the above
A
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Answer the following statements true (T) or false (F)
1.The possible self is the self you might become one day--the one you think about becoming. 2.According to social comparison theory, we compare ourselves to others to develop a feel for how our talents, abilities, and qualities measure up to theirs. 3.A combination of passion and perseverance for a singularly important goal, together with resilience and a lack of tolerance for feeling frustrated, is known as grit. 4.Those who are primarily collectivistic in the way they think and behave have an idiocentric orientation. 5.If your possible self is very different from you, then you might feel dissatisfied with your life.
As stated in the textbook, what skill is ranked most important among senior human relations professionals?
a. Oral communication b. Emotional intelligence c. Leadership d. Critical thinking
Negacho, a food and beverage company, introduced a new flavor of potato chips called South Indian Chillis. It received a positive response from consumers, which prompted Brex Mex, another food company, to introduce its own Szechuan flavored chips. In this scenario, which of the following is most likely to have influenced Brex Mex to produce a product similar to Negacho's?
A. Establishment of new industries B. Access to factors of production C. Reduced risk D. Inflow of innovation
Tori Inc. has some material that originally cost $68,400. The material has a scrap value of $30,100 'as is', but if reworked at a cost of $1,400, it could be sold for $30,800. What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it 'as is' as scrap? (CIMA adapted)
A. $(700) B. $29,400 C. $(39,000) D. $(69,100)