When two organizations pool resources, know-how, rewards, and risk in order to produce and market a product, they are
A. engineering a business-to-business network.
B. establishing a coalition.
C. outsourcing resources.
D. creating a boundaryless organization.
E. forming a strategic alliance.
Answer: E
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All of the following are main centers for foreign exchange trading EXCEPT
a. Tokyo. b. London. c. Edmonton. d. New York.
Which of the following refers to the computations and calculations involved in reviewing and documenting HRM decisions and practices?
A. automation B. e-HRM C. transaction processing D. expert systems E. decision support systems
A retailer uses a reorder point of 60 units. If its usage rate is 10 and its lead time is 6, what is its safety stock?
a. 0 b. .6 c. 6 d. 10
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine the nonnegative constraint for the LP formulation. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced.
A. X1 and X2 > 0 B. X1 and X2 ? 0 C. X1 and X2 ? 0 D. X1 and X2 = 0