The optimal stocking decision in inventory management, when using marginal analysis, occurs at the point where the benefits derived from carrying the next unit are more than the costs for that unit.
Answer the following statement true (T) or false (F)
False
The optimal stocking level, using marginal analysis, occurs at the point where the expected benefits derived from carrying the next unit are less than the expected costs for that unit.
You might also like to view...
Which is NOT a material injury caused by LTFV?
a. unemployment b. lost sales c. lost profit d. general expenses
When sending an unexpected résumé, what should be researched before sending the communication?
A) Hiring manager's field of expertise B) What the organization does C) Qualities the company would seek in the type of position you wish to apply for D) Correct address to send the résumé E) Whether the company prefers a traditional résumé or an emailed résumé
When an additional partner is admitted to a partnership by contribution of assets to the partnership
A) the total assets of the partnership do not change B) no liabilities can be contributed at the same time C) the amount of the cash contribution is the same as the amount of the debit to the new partner's capital account D) the total of the owner's equity accounts increases
Which of the following is one of the three basic ideas in the "marketing concept"?
A. customer satisfaction B. resource efficiency C. to obtain economies of scale D. to maximize sales E. the president having a marketing background