A process is stable if ______.
a. the average inflow rate would be equal to the average outflow rate
b. the average inventory rate is close to zero
c. the average rate of arrival or demand is lower than the process or service capacity
d. the average rate of arrival or demand is higher than the process or service capacity
The answer is C.
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If the haricut charged by the Fed is very large
A. banks will be discouraged from borrowing. B. transaction accounts held by banks increase. C. the Fed loses a lot of money if banks default on their loans. D. the Fed's discount rate rises.
Which of the following activities is carried out during implementation of a marketing plan?
a. Defining the business mission b. Gathering information about customers c. Setting up strategic business units d. Creating and managing a task force
Which of the following is an example of an effective talking title?
a. Consumer Spending in the U.S. b. First Quarter U.S. Consumer Spending c. News on Consumer Spending d. U.S. Consumer Spending Declined in First Quarter
Which of the following is true?
A) The two-bin system is an example of the order point system. B) Order quantities are fixed in the periodic review system. C) The safety stock does not depend upon the frequency of reorder. D) All of the above are true. E) None of the above is true.