The firm set aside a little extra money just in case an unforeseen element of cost pushed the project beyond what they had budgeted. This extra money is called:
A) A rainy day fund.
B) A contingency reserve.
C) An escalation clause.
D) A sinking fund.
B
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The number of cumulative exposures achieved in a given time period is called opportunities to see (OTS)
Indicate whether the statement is true or false
According to the text, when the IC headquarters decides which subsidiary would get to fill an order for a customer abroad, IC management would consider all of the following except:
A. comparative order backlogs. B. transportation costs. C. comparative tariff rates. D. governmental pressures. E. size of the subsidiary.
Which of the following is not needed in order to have a valid contract?
A) Consideration B) An agreement C) A legal object D) A signed written document E) Contractual capacity
The longer the production and supplier lead times, the longer the master scheduling record's planning horizon needs to be
Indicate whether the statement is true or false.