In fixed time period inventory models, inventory is reordered
A) as required.
B) when stock reaches a predetermined level.
C) at regular time intervals.
D) at midnight–when time is fixed.
C) at regular time intervals.
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Which of the following is not an advisable criterion for an effective incentive plan?
A. The rewards are believable. B. The rewards are linked to performance. C. The rewards satisfy individual needs. D. The rewards require rarely attainable performance. E. The rewards are agreed on by the manager and employees.
Match the term with its definition.
A. Outstanding credit that is owed to suppliers B. The amount of credit extended to customers C. Total (cumulative) depreciation expense taken over an asset's life D. Stock shares that represent ownership in a corporation E. Assets that can be converted into cash relatively quickly F. Borrowed money that must be repaid within 12 months G. A measure of a company's relative liquidity, determined by dividing current assets by current liabilities H. Physical assets that will be used in the business for more than one year, such as equipment, buildings, and land I. Depreciable assets at their original cost, before any depreciation expense has been taken J. K. Intangible assets, such as patents, copyrights, and goodwill
Which of the following activities is typical of the screening stage?
A. People must be hired and trained to provide services. B. Strengths, Weaknesses, Opportunities, and Threats are identified. C. Goods have to be produced to fill the channels of distribution. D. Products are introduced region by region in a gradual "rollout." E. Manufacturing or service facilities have to be set up.
After the dentist spent almost $600 to purchase the Apollo Whitening System to use with patients who want their teeth bleached, he learned that a more efficient system with fewer potential side effects was available for $400. From this information you know the dentist most likely experienced:
A. purchase satisfaction. B. misinformation. C. information overload. D. a communication barrier. E. purchase dissonance.