In DBR (drum-buffer-rope), which of the following is referred to as the drum?

A. scarce resources
B. inventory
C. raw materials
D. work stations


A. scarce resources

Business

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Suppose that real incomes increase more rapidly in the United States than in Mexico. In the United States, this situation would likely result in a(n)

a. increase in the demand for pesos. b. decrease in the demand for pesos. c. increase in the supply of pesos. d. decrease in the supply of pesos.

Business

A ______ is a specific commitment to achieve a measurable result within a stated period of time.

A. goal B. vision C. business plan D. supervisory objective E. norm

Business

A cash management strategy attempts to earn the most interest in choosing liquid deposits

Indicate whether the statement is true or false.

Business

Which of the following is a disadvantage of retail storage with customer pickup?

A) Returnability is easier than other options given that pickup location can handle returns. B) Inventory cost is higher than all other options. C) Transportation cost is lower than all other options. D) Facilities and handling costs are lower than other options.

Business