Computer-integrated manufacturing (CIM) includes manufacturing systems that have:
A) computer-aided design, a flexible manufacturing system, inventory control, warehousing and shipping integrated.
B) transaction processing, management information systems, and decision support systems integrated.
C) automated guided vehicles, robots, and process control integrated.
D) robots, automated guided vehicles, and transfer equipment integrated.
E) all of their computers integrated with the marketing department.
A
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When the manufacturer reduces prices to channel members to compensate them for the services they perform, it is known as a:
A. noncumulative quantity discount. B. consumer discount. C. cash discount. D. cumulative quantity discount. E. trade discount.
The manager is open to suggestions for forecasting models and decides to try both an exponential smoothing model with an alpha of 0.9 and a simple moving average of two periods
He decides to use the actual value for January as the forecast for February just to get the exponential smoothing forecasting party started. For the moving average approach, he uses the actual for January as the forecast for February and the actual for February as the forecast for March before beginning to apply the moving average equation. Generate forecasts for the year using these technique and then calculate forecast errors using MAD to determine which is the superior method in this scenario.
Timoth Steels, a steel manufacturing company, wants to install a new factory in Temenia. The company decides to use funds from its own account and refrain from borrowing money from banks. Which of the following sources of long-term funds is being used by Timoth Steels in the given scenario?
A. Term loans B. Corporate bonds C. Direct investments from owners D. Long-term debt
Before purchasing a car, John sought advice from his friends and researched auto reviews on the Internet. He also visited car dealers and went for a test-drive. In which of the following stages of the consumer decision-making process is John engaged?
A. external information search B. internal information search C. evoked set manipulation D. postpurchase evaluation E. problem recognition