Which of the following terms implies that organizations that cannot adapt to the new demands placed on them for surviving in the information age are doomed to extinction?
A. Digital Darwinism
B. Collective intelligence
C. Sole proprietorship
D. Joint venture
Answer: A
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Joe’s Donut Hole wishes to estimate an appropriate reorder point for cases of a raw material used in making donut icing. The average daily demand is 2 cases. The lead time for replenishment orders is 10 days with an estimated lead time demand standard deviation of 2 cases. For a 99% service level, what should the reorder point for this item be?
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A. the date the report was completed B. reference notes C. their page numbers D. the name of their author