For a particular product, the annual demand is 12,000, the number of working days in the year is 320, and the EOQ is 300. Given this information, which of the following statements is true?
a. The time between orders is 6.
b. The time between orders is 7.
c. The time between orders is 8.
d. The time between orders cannot be calculated.
c. The time between orders is 8.
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A citizen's group successfully opposes a fast-food restaurant from locating in their neighborhood, and discovers they need to gather again a few years later when a massive convenience store seeks a building permit for the same site. This best describes
A. a temporary coalition. B. a potential coalition. C. an operating coalition. D. a recurring coalition.
Intangible costs include ______.
A. distribution costs B. utilities cost C. lack of customer responsiveness to the company’s business D. taxes
If the ending cash is greater than the minimum cash balance, excess cash exists
Indicate whether the statement is true or false
Which of the following is NOT a protectionist tendency?
A) tariffs B) comparative advantage C) non-tariff barriers D) quotas