The company is using a lot size of 700 units per order. Calculate the safety stock required for a cycle service level of 97.5%. In addition, what is the cost difference between the current policy and using the EOQ lot size? (safety stock/cost) The expected annual demand is 123,670 units. The standard deviation for a week is 345 units. The ordering cost is $200 and the carrying cost is $3.00 per
unit per year. In addition, the lead time is 3 weeks and there are 52 weeks per year.
a. 1171 units/$24,202 c. 1171 units/$24,202
b. 8306 units/$36,384 d. 4060 units/$12,182
A
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Taxable income is governed by the doctrine of constructive receipt or ability to pay.
Answer the following statement true (T) or false (F)
When the corporation issuing the bonds has the right to redeem the bonds prior to the maturity, the bonds are
a. convertible bonds b. unsecured bonds c. debenture bonds d. callable bonds
Which of the following statements is not an objective of discriminant analysis?
A) examination of whether significant differences exist among the groups, in terms of the criterion variables B) determination of which predictor variables contribute to most of the intergroup differences C) classification of cases to one of the groups based on the values of the predictor variables D) evaluation of the accuracy of classification
Acme Global tries to be a good neighbor to the people who live and work in the cities where the organization’s plants are located. In one neighborhood, citizens asked Acme Global to identify the location of all its suppliers. When it was discovered that Acme Global used suppliers who were 1,000 miles from the plant, the citizens asked Acme Global to consider using more local suppliers. Acme Global agreed and found similar suppliers closer to its plant. This represents the influence of ______ in the external environment on the organization.
A. suppliers B. society C. technology D. competition