Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the cost of holding inventory amounts to $7 per widget per day, what are the total inventory costs during the 10-day period?



a. $805

b. $115

c. $7

d. $122


a. $805

Business

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Analysts reporting on companies will pay close attention to the disclosures regarding pension benefits. Key points include all of the following except:

A. because of high assumed discount rates, most pension plans have remained underfunded with funding ratios ranging between 69% and 86% since 2008. B. to help analysts determine whether fund assets are large enough to satisfy currently anticipated pension benefit payouts, FASB ASC Topic 715 requires firms to provide a table that lists the dollar benefits expected to be paid in each of the ensuing five years and in the aggregate for the five years thereafter. C. while companies with overfunded plans can suspend funding for long periods and use the cash for other operating purposes, underfunded plans may reflect past and continuing cash flow difficulties. D. the common rule of thumb is that a 1% decrease in discount rate would increase PBO by 17.0% whereas a 1% increase would decrease it by 14.5%.

Business

When using constant sum scales, if respondents allocate more points than those allotted, the researcher must modify such data in some way or eliminate the respondent from analysis

Indicate whether the statement is true or false

Business

A firm manufactures custom-made furniture. Which facilities layout would best suit the firm's needs?

A. process layout B. flexible manufacturing layout C. sequential layout D. product layout E. fixed-position layout

Business

The order fulfillment process ______.

a. may be done in-house b. cannot be outsourced c. cannot be offshored d. is supervised by a government agency

Business