Average inventory is calculated as the (maximum inventory + minimum inventory) / 2 in ______.

a. only the EPQ model
b. only the EOQ model
c. both EPQ and EOQ models
d. neither EPQ nor EOQ models


c. both EPQ and EOQ models

Business

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Trusting one’s emotions, motives, complexities, abilities and potential inner conflicts refers to which component of authentic leadership?

a. self-awareness b. unbiased processing c. behaviors motivated by personal convictions d. transparency

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A change in estimate should be recorded_____________________

Fill in the blank(s) with correct word

Business

When comparing two different investment alternatives of different sizes, which of the following measures for each alternative would be the best to use?

A) Return on investment B) Residual income C) Net income D) Contribution margin ratio

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What is the analysis that works in reverse to what-if and sensitivity analyses by finding the inputs necessary to achieve a goal such as a desired level of output?

A. Optimization system B. Revenue analysis C. Goal-seeking analysis D. Solutions based analysis

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