For commodity products where price is set by the market, manufacturers can use lot size based quantity discounts to achieve coordination in the supply chain and decrease supply chain cost

Indicate whether the statement is true or false.


Answer: TRUE

Business

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The next critical technological opportunity for organizations is predicted to be: Bella's Boutique used to be a brick and mortar store exclusively. It has gradually increased its Internet sales, and online sales now account for most of its revenue. This change in sales model illustrates the importance of monitoring which segment of the environment?

A. Political/legal B. Economic C. Demographic D. Technological

Business

Modern ERP systems are becoming?

a. More flexible b. More responsive c. Both more flexible and more responsive d. Neither more flexible nor more responsive

Business

Growingreen, a gourmet fresh food store, orders 100 lbs. of peaches from Western Fruits "on approval." Growingreen has never dealt with Western before this transaction. Since it only sells the highest quality fruits, Growingreen asked for and received these special terms. The peaches arrived on Saturday, but the owners of Growingreen were too busy to open the crates. Sunday they are closed

Monday at 4 p.m., they opened the boxes and inspected the peaches. They did not meet the high standards of Growingreen, so they nailed the crates shut and ordered a truck to return them the next day. They arrived at Western on Thursday, totally spoiled, a week after they were sent. This is the first time Western knew they were not being accepted. Who is responsible for the damages to the peaches? A) Growingreen, since it did not, within a reasonable time, notify Western of its election to return the peaches B) Growingreen; the risk of loss was on them when the peaches arrived C) Western, since they retained the risk of loss until approval D) Western, because they agreed to take the goods back

Business

Blair, whose tax rate is 24%, sells one tract of land at a gain of $29,000 and another tract of land at a gain of $11,000. Both tracts of land are Sec. 1231 property. She has never had any other Sec. 1231 transactions. How are the gains taxed?

A) ordinary income of $40,000 taxed at 28% B) a net capital gain of $40,000 which is not taxed C) a net capital gain of $40,000 taxed at 15% D) ordinary income of $40,000 taxed at 25%

Business