In the main store control organization, _____
a. merchandise managers are placed in branch stores
b. most authority remains with headquarters managers
c. decentralization is practiced
d. each branch has autonomy for merchandising and operations
b
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Below is financial data for Fawnsworth Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Fawnsworth Industries. Based on this information, what is Fawnsworth's
number of days' sales in inventory (assuming a 360 day year)? a. 132 days b. 216 days c. 1,091 days d. 120 days
Team-based reward systems
a. are most effective when all team members are rewarded equally. b. are most effective when team members are rewarded based on their position in the organization. c. should tie rewards to the completion of specific activities. d. should motivate organizational members to work cooperatively toward common goals. e. are de-motivators.
At ?= .1, test to see if the population variances from which the following samples were drawn are equal.
What will be an ideal response?
Suppose the allowable increase and decrease for shadow price for a constraint are $25 (increase) and $10 (decrease). If the right hand side of that constraint were to increase by $10, the optimal value of the objective function would change
a. True b. False Indicate whether the statement is true or false