Which of the following is/are false regarding a merchandising firm?
a. A merchandising firm purchases inventory for resale.
b. A merchandising firm does not change the physical form of the inventory.
c. A merchandising firm performs no incremental work on the inventory.
d. A merchandising firm adds nothing to the acquisition cost of the inventory after it is purchased.
e. None of the above are false regarding a merchandising firm.
E
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In Hau Lee's uncertainty framework to classify supply chains, a supply chain for functional products with a stable supply process is called which of the following?
A. Responsive B. Risk hedging C. Agile D. Efficient E. Forward looking
Marketing discipline varies from one region to another
Indicate whether the statement is true or false
Which of the following is the most common target regarding asset misappropriation?
a. inventory b. cash c. equipment d. valuable information
The first unit of a product took 50 hours to build, and the learning curve is 80%. How long will it take to make the third unit? (Use at least three decimals in the exponent if you use the formula approach.)
A) under 30 hours B) about 32 hours C) about 35 hours D) about 50 hours E) about 75 hours