The EOQ model is widely used because of its simplicity. Why should a potential user of the model exercise caution?
What will be an ideal response?
A successful answer should note that while the EOQ model is easy to use, users should be aware of the assumptions needed for the model to be accurate. For example, the EOQ model will fail to provide good answers if demand is not known and constant. A user might face stockouts in such situations.
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During the early phases of leadership making, leaders look for what qualities in followers?
A. agreeableness and cooperation B. good humor and intelligence C. enthusiasm and participation D. pleasantness and trustworthiness
On December 31 . 2014, Value Corporation's current liabilities total $50,000 and long-term liabilities total $150,000 . Working capital at December 31 . 2014, is equal to $80,000 . If Value Corporation's debt-to-equity ratio is .32 to 1 . total long-term assets must equal
a. $625,000. b. $745,000. c. $825,000. d. $695,000.
While social media has provided a revolutionary new form of personal expression, they have not fundamentally changed the practice of public relations
Indicate whether the statement is true or false
Cliches are handy verbal shortcuts that should be used whenever possible to shorten business messages
Indicate whether the statement is true or false