If the order quantity is fixed, as in a continuous review system, the decision of when to place the order is determined by ______.
a. the daily demand rate and the lead time
b. the daily demand rate and the safety stock
c. the safety stock and the lead time
d. the safety stock and the purchase price
a. the daily demand rate and the lead time
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The Polishing Department of Metalware Fixtures, Inc. had 20,000 units in process on June 1 and received 23,000 units from the Machining Department. During the month, it completed 31,000 units and transferred them to the Packaging Department and had 12,000 units in ending Work-in-Process Inventory. The company uses FIFO. Calculate the number of units accounted for by the Polishing Department for June.
A) 11,000 units B) 20,000 units C) 12,000 units D) 43,000 units
Premiums are used solely to get customers to come into the retailer's store.
Answer the following statement true (T) or false (F)
Which of the following is FALSE about optional elements appearing after the complimentary close?
a. An enclosure notation must identify the number and type of enclosure. b. A copy notation appears below the enclosure notation. c. The company name is optional when letterhead is used. d. The computer file notation provides information about where the file can be found on the computer network.
Social anthropologists agree that all societies face the same basic problems. Where however do they differ?
a. the frequency of these problems *b. the way they answer these problems c. the magnitude of these problems d. the resources they apply to these problems