Consider Figure 5.3. The quota leads to a deadweight welfare loss for Sweden of an amount equaling
a. $0.80.
b. $1.60.
c. $2.40.
d. $3.20.
b. $1.60.
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Which of the following is an ineffective customer-service practice?
A. Viewing customer service as a problem-solving function that comes into play only whenthere has been a complaint B. Teaching employees that customers do not depend on a business as much as a businessdepends on customers C. Focusing on retaining a current customer rather than attracting a new customer D. Training employees at all levels of an organization to communicate with customers
Consider the estimated aggregate demand for a company’s ski product line for the upcoming year in the following table. Calculate the inventory holding costs for the month of March using the level production strategy. Assume the regular time production cost as $200/pair of skis, the average monthly inventory holding cost as $20/pair of skis per month, and the beginning inventory for January is 8,000 units.
a. $5,000
b. $7,500
c. $10,000
d. $20,000
For a continuous-process type of manufacturing, which of the following is the typical production scheduling approach?
A. Infinite backward scheduling B. Shortest due date C. Infinite forward scheduling D. Finite forward scheduling E. Finite backward scheduling
________ is a VoIP service that currently offers free calling among its customers over the Internet and reduced-cost calling to and from Public Switched Telephone Network customers
A) Skype B) SIP C) SPIT D) IM