A retail firm has net annual sales of $6,000,000 . Its average monthly inventory at hand (at retail) was $1,500,000 . Its annual rate of stock turnover is _____
a. 0.25
b. 3.0
c. 3.5
d. 4.0
d
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In planning service capacity, firms have to manage the trade-off between ______.
A. lost customers and higher costs from maintaining a capacity cushion B. lost customers and higher costs from operating at economies of scale C. lost customers and higher costs from operating at diseconomies of scale D. lost customers and higher costs from attracting new customers
A team working on a project has noticed that one of their members has been working at too slow a pace, so other team members ask what the holdup is. What primary level of control is used in this situation as they ask that question?
a. regular meetings b. the exception rule c. clan control d. observation
Niko is a member of a five-person community action team to address natural resource issues in his region. He notices that every time the team meets, members do not listen respectfully to each other. According to Hill’s model of team leadership Niko should ______.
A. report this dynamic to his supervisor who can bring more authority to the situation B. dismiss himself from the team and return when conditions are better C. step up into a leadership role and use coaching behaviors to address internal relations D. change the structure and goals of the team in order to align tasks better
The __________ is the time-phased baseline budget that will be used to analyze the cost performance of the project.