When developing a survey questionnaire,
A) develop questions that must be answered with several sentences.
B) use leading questions.
C) make the survey adaptive.
D) use descriptors such as "often" or "frequently."
E) use compound questions.
Answer: C
Explanation: C) Make the survey adaptive. Whether you're surveying people manually or using software, build in ways to adjust the flow of questions in response to each person's answers. This way you can make the best use of each respondent's time and get more useful information.
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Which of the following statements regarding inventory counts is not correct?
A. In a perpetual inventory system, the inventory count is compared to the inventory account balance to reveal shrinkage. B. If a company uses a perpetual inventory system and the inventory count at the end of the accounting period is greater than the balance in the inventory ledger account, there must have been shrinkage. C. A perpetual inventory system does not require a physical count during the accounting period to determine cost of goods sold. D. Companies need to perform a physical count of their inventory at least yearly regardless of which inventory system is being used.
If we are ordering materials from an outside vendor, then the total inventory-related cost on an annual basis is given by the sum of ______.
A. total annual ordering cost, total annual holding cost, total annual stock-out cost, total annual materials purchase cost B. total annual setup cost, total annual holding cost, total annual stock-out cost, total annual materials purchase cost C. total annual ordering cost, total annual holding cost, total annual safety stock cost, total annual materials purchase cost D. total annual setup cost, total annual holding cost, total annual safety stock cost, total annual materials purchase cost
Dependencies involving relationships between the project and non-project activities best defines
A) mandatory dependencies. B) external dependencies. C) discretionary dependencies. D) internal dependencies.
The XYZ Company has an assembly plant in Cincinnati and its parts plant in Indianapolis. Parts are transported from Indianapolis to Cincinnati using trucks. Each shipment costs $100
The Cincinnati plant assembles and sells 300 finished products each day and operates 50 weeks a year. Part #456 costs $50 and XYZ Company incurs a holding cost of 20 percent per year. How many of part #456 should XYZ Company put in each shipment? What is the cycle inventory of part #456 at XYZ Company? What will be an ideal response?