After calculating the EOQ and informing their supplier of their order amount, they are informed that the supplier is reluctant to break a case, that is, there are 10,000 swizzle sticks in a case and they must be ordered in multiples of that amount
Not wanting to understock, the krewe decides to round up to the next highest multiple of 10,000. What is the decrease in ordering cost if they order at this amount?
A) $36.75
B) $32.50
C) $41.93
D) $33.96
Answer: D
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The best thing you can do regarding timing is:
A) give customers a general idea but allow yourself some wiggle room. B) give customers a specific deadline that you know we can beat. C) tell customers what you think they want to hear about timing and then do your best to make it. D) avoid giving any indication about timing unless the customer really pushes for it.
Once an organization has developed its distribution objectives, it should next ________
A) identify the channel leader B) determine a distribution budget C) select the optimum number of channel levels D) define the target market and articulate the market segmentation strategy E) evaluate the internal and external environments
Measurable objectives are rational and allocate an adequate amount of resources to support their
completion. Indicate whether the statement is true or false
The employees at LennoCorp are meeting or exceeding their goals, and consistently get positive reviews. However, competition has forced down prices on the goods LennoCorp produces, thereby reducing the firm's income. In this situation, pay levels may be limited by
A. the employer's ability to pay. B. the employees' relative worth. C. the employees' motivation. D. the worth of the job.