One of the daily, delicate balancing acts that logistics managers have to perform involves the trade-off between transportation costs and fulfillment speed.
Answer the following statement true (T) or false (F)
True
Logistics managers have to perform a daily, delicate balancing act, balancing:
• Transportation costs against fulfillment speed
• Inventory costs against the cost of stock-outs
• Customer satisfaction against cost to serve
• New capabilities against profitability
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Suppose that a process is comprised of five components, each having a 75% success rate. By how much would reliability change if the process switched from having the components in series to having the components in parallel?
A) no change B) 100% increase C) 76.2% increase D) 76.2 % decrease E) 50% increase
What are the steps in the Six Sigma improvement model and how do they relate to the PDSA cycle?
What will be an ideal response?
Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10-year normal recovery period. The depreciation expense in year 11 is ________
A) $3,000 B) $4,000 C) $0 D) $6,000
Dora receives a check from Eagle Corporation. Dora indorses the check to First National Bank by writing "pay to First Nat'l Bank only" and signing her name. This is
A. a blank indorsement. B. a qualified indorsement. C. a restrictive indorsement. D. a special indorsement.