If annual demand increases by 100%, the average inventory held in a system governed by the EOQ model is:
A) increased 100%.
B) decreased by 100%.
C) decreased by 50%.
D) increased by 40%.
Answer: D
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The most effective way to raise a trainee's motivation is by providing an interesting training environment.
Answer the following statement true (T) or false (F)
Which of the following statements is TRUE?
A) Preferred stock usually has a stated or par value and, like bonds, this par value is not repaid at maturity because preferred stocks do not have a maturity date. B) The par value for preferred stock, unlike bonds, is never paid back. C) A preferred stock's cash dividend due each year is based on the stated dividend rate times the market value of the stock. D) Some preferred stocks are cumulative with respect to dividends, meaning that if a company skips a cash dividend, it must pay it at some point in the future.
Indorsements. James Liddell, who was doing business under the corporate name of JHL & Associates, Inc, agreed to invest Jan Mumma's funds in Fidelity, a nationally traded mutual fund management company. Mumma indorsed a cashier's check for $13,904.48 to
"Fidelity/JHL & Associates." Liddell indorsed the check with JHL's indorsement stamp and deposited the check, without Fidelity's indorsement, into JHL's bank account at Rainier National Bank. Liddell never invested the funds in Fidelity. Mumma was unable to recover her money from JHL, which had become insolvent, or from Liddell, who was serving a jail sentence for fraud stemming from this incident and others like it. Mumma then attempted to recover from Rainier National Bank, claiming that the bank was negligent by not requiring both Fidelity and JHL & Associates to indorse the check. Was Mumma correct? Explain.
The final stage in the human resources planning process is to
A. evaluate the hiring and termination decisions made for legal compliance. B. implement the plans determined earlier in the planning process. C. discharge those employees determined to be ineffective at realizing organizational goals. D. evaluate the activities conducted to ensure that they are producing the desired results. E. ensure that the right number and types of people are available for hiring.