Information is not a major driver of supply chain effectiveness because it does not have a physical presence
Indicate whether the statement is true or false
FALSE
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Which of the following is not a characteristic of a general partnership?
a. the partnership is created by a contract b. mutual agency c. partners share equally in net income or net losses unless an agreement states differently d. dissolution occurs only when all partners agree
If title to merchandise purchases passes to the buyer when the goods are delivered to the buyer, the terms are
A) consigned B) n/30 C) FOB shipping point D) FOB destination
In most cases, technicians, receptionists, bank tellers, and other non-sales personnel can do little to help with prospecting
Indicate whether the statement is true or false
If demand during lead time is normally distributed, and if the standard deviation of demand during the lead time is 50 units, then to provide an additional 34% service level, the number of additional units that should be held in inventory is ______.
A. 50 (= 50 times 1 standard deviation) B. 17 (= 50 ? 34%) C. 1,700 (= 50 ? 34) D. 150 (= 50 times 3 standard deviations)