Which of the following statements is true about warehousing costs?
a. Warehousing costs are a significant part of logistics costs.
b. Warehousing costs are an unnecessary part of logistics costs.
c. Warehousing costs can be minimized by manufacturing the right products.
d. Warehousing costs are strongly influenced by need for quality inspection.
a. Warehousing costs are a significant part of logistics costs.
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Refer to the data given in the table for Acme Widgets, Inc. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the total production at Montgomery is ______.
A. 2,500
B. 3,500
C. 4,500
D. 5,500
If an idea fails, a supervisor should acknowledge the problem and
A. discuss it with the same few people he or she always spends time with. B. place the blame on the employee who suggested it. C. focus on finding a solution for it. D. focus on learning only from successes and not from failures.
Which of the following is a reason for starting a new business?
A. It is easy to find the right business. B. The chances of succeeding is not as high in a franchise as in a small business start-up. C. The owner has the freedom to select his or her own competitive environment. D. The owner does not have to experience problems in establishing basic management systems and controls when starting his or her own business.
What information can an investor find in the prospectus of a mutual fund?
A) The fund's goal and investment strategy B) The fund manager's past experience C) The fund's 12b-1 fees D) All of the above are correct. E) Only A and B are correct.