Facilities management refers to ______.

a. selecting the best locations and planning for the optimal manufacturing or service capacity
b. managing the layouts of distribution centers at major retailers such as Wal-Mart
c. organizing the recruitment and staffing at retail centers
d. arranging for the storage of raw materials at intermediate points on the transportation route


a. selecting the best locations and planning for the optimal manufacturing or service capacity

Business

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Answer the following statements true (T) or false (F)

1) The days' sales in inventory ratio is calculated by dividing cost of goods sold by the average merchandise inventory. 2) A higher days' sales in inventory is preferable. 3) Accounting is simpler in a periodic inventory system because the company keeps a daily running record of inventory on hand. 4) The periodic inventory system works well for small businesses in which the inventory is not large in size or dollar amounts. 5) For all four inventory costing methods, cost of goods sold is always equal to the sum of beginning inventory plus net purchases.

Business

Hardball tactics are designed to

A. be used primarily against powerful negotiators. B. pressure targeted parties to do things they would not otherwise do. C. clarify the user's adherence to a distributive bargaining approach. D. eliminate risk for the person using the tactic.

Business

The sales director and consulting team discuss changing the entire sales model for the company by eliminating the sales representatives altogether and allowing customers to order on their own from the company Website

What is the best argument against this plan? A) The sales representatives rely on the income they receive from their jobs. B) The products are complex and frequently require product configurations. C) The company will need to alter its strategy to one based on e-commerce. D) The products require quotation management systems for tax purposes. E) A request for proposal is required for all government sales.

Business

Find the area under the normal curve between the Z values 1 and 0.83.

a. 4.46% b. 5.98% c. 2.32% d. 7.33%

Business