Some companies use the ________ constraint to avoid assigning incidental costs of acquiring merchandise to inventory.
What will be an ideal response?
matching; cost-to-benefit (or materiality)
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____________ augment the core product, both facilitating its use and enhancing its value and appeal
a. Core products b. Supplementary services c. Delivery processes d. Sustaining processes e. Conditional services
The term "standard hours allowed" measures:
a. actual output at standard hours. b. budgeted output at actual hours. c. budgeted output at standard hours. d. actual output at actual hours.
Using the fixed-time-period inventory model, and given an average daily demand of 300 units, 4 days between inventory reviews, 5 days for lead time, 1,200 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 12 units, what quantity should be ordered?
Fill in the blank(s) with the appropriate word(s).
In the context of modes of transportation, ships have limited availability.
Answer the following statement true (T) or false (F)