A company that tracks inventory and places an order for a lot size Q when the inventory declines to the reorder point (ROP) is using
A) continuous review.
B) daily review.
C) occasional review.
D) periodic review.
Answer: A
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Biodiversity in a particular ecosystem
A. includes the variability of the individual genes. B. impacts the function of the ecosystem in which the species live. C. is the total number of species in that ecosystem. D. All of the choices are correct.
A seller who quotes on open account terms in a foreign currency bears the currency risk during the open credit period
Indicate whether the statement is true or false
The Jung Corporation's production budget calls for the following number of units to be produced each quarter for next year:Budgeted production Quarter 145,000unitsQuarter 238,000unitsQuarter 334,000unitsQuarter 448,000unitsEach unit of product requires three pounds of direct material. The company's policy is to begin each quarter with an inventory of direct materials equal to 30% of that quarter's direct material requirements. Budgeted direct materials purchases for the third quarter would be:
A. 89,400 pounds B. 29,800 pounds C. 38,200 pounds D. 114,600 pounds
Qualities that mark a leader and help influence the leadership process include all of the following EXCEPT ________.
A. vitality and integrity B. hearing and size C. self-confidence and persistence D. stability and concern for others E. vision and enthusiasm