Batch ordering ______.
a. can reduce a firm’s ordering costs
b. can reduce demand for products and materials
c. can reduce elasticity of demand for that product
d. can reduce elasticity of supply for that product
a. can reduce a firm’s ordering costs
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Which of the following is not a basic database backup and recovery feature?
a. checkpoint b. backup database c. transaction log d. database authority table
Fixed costs are ignored in allocating scarce resources because
a. they are unaffected by the allocation of scarce resources. b. fixed cost apply only to long-run decisions. c. they are sunk. d. there are no fixed costs associated with scarce resources.
All of the following are the steps for SMED (not necessarily in order) except?
a. Identify external setup tasks b. Streamline internal and external elements c. Convert internal setup activities to external setup activities d. Eliminate external setup activities
In calculating the time–cost trade-off combinations for a project’s crash options, the slope for each activity is given by ______.
a. the ratio of the (crash cost less normal cost) to (normal time less crash time) b. the ratio of the (normal time less crash time) to (crash cost less normal cost) c. the product of the (crash cost less normal cost) and (normal time less crash time) d. the sum of (crash cost less normal cost) and (normal time less crash time)