Answer the following statements true (T) or false (F)

1. Global suppliers have shorter lead times as compared to the local suppliers.
2. Companies that have implemented postponement strategies have an increased range of customized products.
3. One of the features of managing customer services is the stock on hand.
4. An objective of the establishing customer service objectives is to make them ambitious.


1. False
2. True
3. False
4. False

Business

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Goal programming models require a new set of decision variables in addition to the typical linear programming variables

a. True b. False

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Risk refers to the chance that no unfavorable event will occur.

Answer the following statement true (T) or false (F)

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Emancipated minors are generally liable for necessaries

Indicate whether the statement is true or false

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Hanna intends to give her granddaughter, Melodee, her antique hat pin. This heirloom has been kept under lock and key in the wall vault in the library of Hanna's house in Virginia. The hat pin is currently the only item in the vault. When Hanna is visiting Melodee in Connecticut, Hanna gives Melodee the only key to the vault. Melodee is grateful for the present and excitedly accepts. In this

situation has there been a completed gift? A) No. There has been no physical delivery of the hat pin. B) Yes. There has been physical delivery of the hat pin. C) No. There has only been constructive delivery of the hat pin. D) Yes. There has been constructive delivery of the hat pin.

Business