A consumer transaction would include one in which the purchaser uses the item at a hotel while on vacation
Indicate whether the statement is true or false
True
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Which of the following statements is TRUE about the MRP plan when using lot-for-lot ordering?
A) The quantity of gross requirements for a child item is always equal to the quantity of planned order releases for its parent. B) The quantity of gross requirements for a child item is equal to the quantity of planned order release(s) multiplied by the number of child items used in the parent assembly. C) The quantity of gross requirements for a child item is always equal to the quantity of gross requirements for its parent. D) The quantity and gross requirements for a child item is always equal to the quantity of net requirements for its parent. E) All of the above are true.
The ultimate in personalization occurs when
A. targeting a segment of one. B. offering extended warranties. C. merging multiple submarkets. D. identifying generic markets. E. creating opportunities in niche markets.
A company due to pay a certain amount of a foreign currency in the future decides to hedge with futures contracts. Which of the following best describes the advantage of hedging?
A. It leads to a better exchange rate being paid B. It leads to a more predictable exchange rate being paid C. It caps the exchange rate that will be paid D. It provides a floor for the exchange rate that will be paid
Identify and describe three kinds of specialty stores.
What will be an ideal response?