Manufacturers of seasonal demand products who manufacture the product throughout the year, so as to build up an inventory buffer to be used during the high demand season are using a technique called
A) production smoothing.
B) production hedging.
C) production buffering.
D) production stocking.
A) production smoothing.
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________ is a statistical technique that simultaneously develops a mathematical relationship between two or more independent variables and an interval-scaled dependent variable
A) Product moment correlation B) Standard regression C) Factor analysis D) Multiple regression E) Canonical correlation
If each of the VRIN conditions is satisfied, then there is the possibility of a resource providing:
a. Competitive advantage b. Sustainable competitive advantage c. New market opportunities d. More efficient and effective internal procedures
Calvin transfers land to a trust. His daughter Melissa will receive the income from the land for ten years. After ten years, the land is returned to Calvin. Calvin's interest is
A. a life estate. B. a reversionary interest. C. a term certain. D. none of the above
Wayne owns a 30% interest in the capital and profits of Emerald Company (a calendar year partnership). For tax year 2017, the partnership earned revenue of $900,000 and had operating expenses of $660,000 . During the year, Wayne withdrew from the partnership a total of $90,000 . He also invested an additional $30,000 in the partnership. For 2017, Wayne's gross income from the partnership is:
a. $72,000. b. $90,000. c. $132,000. d. $162,000.