Which of the following is true under the Periodic Review System:
a. a lower level of safety stock is needed to buffer against uncertainty in demand over a longer planning horizon
b. a higher level of safety stock is needed to buffer against uncertainty in demand over a longer planning horizon
c. it is more expensive to administer
d. The only uncertainty is the magnitude of demand during the delivery lead time
e. there are no discrepancies between physical inventory and the stock record
b
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All of the following statements about the conversion of a term policy are true EXCEPT
A) Under an attained age conversion, the premium is based on the insured's attained age at the time of conversion. B) Under an original age conversion, the policyowner must pay a financial adjustment in addition to the premium for the new policy. C) Most insurers require original age conversion to take place within a specified period (5 years, for example) of the issue of the term policy. D) Evidence of insurability is required before a conversion is permitted.
The ________ state is the state of the button when it is clicked
(a) UP. (b) HIT. (c) DOWN. (d) OVER.
_________________ can be a CR strategy that enables firms to deflect criticism about supply chain labor practices.
a. Aggressive pricing strategies b. Image management c. Factory disclosure d. Management integration
Human intervention is an important part of big data analytics
Indicate whether the statement is true or false