A(n) ______ team typically consists of personnel from purchasing, inventory management, production, warehousing, and logistics.
A. operations planning
B. financial planning
C. supply planning
D. demand planning
C. supply planning
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Only four symbols are used in data flow diagrams. What are they?
Which of the following is the main problem regarding intuition in the role of decision making?
a. People tend to lack sufficient experience. b. It does not provide evidence to support the idea. c. Few people have good intuition. d. Intuition is not real and cannot be trusted. Ans: B
Amtrak is considering two pricing strategies for its service. One is to price its train tickets so that it is less expensive to travel on weekends than during the week when there is heavy business travel, which illustrates ____ pricing. The second is to price its train tickets so that the further away the travel date, the greater the discount, which is best described as ___.
A. demand-based; secondary market pricing B. demand-based; differential pricing C. demand-based; periodic discounting D. cost-plus; secondary markup E. cost-plus; periodic discounting
Suppose that for the first four years of a CMO, prepayments are well within the initial PAC collar. What will happen to the effective upper collar?
What will be an ideal response?