Holding substantial amounts of finished goods for delivery any time that a customer demand is experienced can result in which negative consequence?

a. Lower product quality
b. More difficult marketing
c. High carrying cost
d. Stockouts


c. High carrying cost

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Consider the Japanese market for jetliners as depicted in Figure 6.5. Suppose the lone producer of jetliners in the world is Boeing, which faces a constant marginal cost of $20 million per jetliner, but now a European manufacturer, Airbus, begins production. Airbus faces the same marginal cost as Boeing, but the European government provides Airbus with a subsidy of $8 million per jetliner produced. As a result of the competition, Boeing leaves the Japanese market leaving Airbus as a monopoly. How much profit will Airbus earn?

a. $230 million b. $350 million c. $416 million d. $450 million

Business

In 2019, grandparents contribute jointly owned funds to a § 529 qualified tuition plan on behalf of their granddaughter. The maximum annual exclusion allowed to them is $150,000 ($30,000 × 5 years).

Answer the following statement true (T) or false (F)

Business

Match these types of innovation with their descriptions

a) Product innovation. Choose.. i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models b) Position innovation. Choose... i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models c) Paradigm innovation. Choose... i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models d) Component innovation. Choose... i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models

Business

A linear programming problem contains a restriction that reads "the quantity of Q must be no larger than the sum of R, S, and T." Formulate this as a linear programming constraint

A) Q + R + S + T ? 4 B) Q ? R + S + T C) Q - R - S - T ? 0 D) Q / (R + S + T) ? 0 E) Q ? R + Q ? S + Q ? T

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