An increase in forecast accuracy increases both the overstocked and understocked quantity and decreases a firm's profits
Indicate whether the statement is true or false.
Answer: FALSE
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Which of the following is not true about production departments?
a. They perform the actual manufacturing operations that physically change the units being produced. b. Since they receive the benefit of work performed by service departments, service department costs should be distributed to them. c. The cost of production departments should be distributed to other production departments that benefit from their operations. d. Machining and painting would be examples of production departments.
General descriptions take precedence over inconsistent samples
Indicate whether the statement is true or false
The total cost approach to physical distribution management involves evaluating all the costs of alternative physical distribution systems, including transporting, storing, and handling costs.
Answer the following statement true (T) or false (F)
Two assets whose returns move in the same direction and have a correlation coefficient of +1 are very risky assets
Indicate whether the statement is true or false