Which of the following is not an assumption of the Economic Order Quantity model?
a. demand for the product is known with certainty
b. total cost per year of placing orders is fixed
c. lead time is known and is constant
d. there are no quantity discounts
B
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Henry works as a manager at a large manufacturing firm known for its sustainability. He works in the procurement area. Henry is in charge of sourcing all the necessary resources, goods, and services from their suppliers to support supply-chain members. More specifically, he is in charge of managing the processes and activities that provide value all the way from the raw materials to the final customer. A nationwide recycling program encourages consumers to send used products they no longer want back to the company. Henry works with others in the firm to redesign these products for other uses so they can be resold. Henry is engaging in
A. order processing. B. inventory management. C. channel management. D. logistics management. E. supply management.
File-sharing software can be used to download others' copyrighted property without liability for any infringement
Indicate whether the statement is true or false
Assignments are made to locations with ________ in the opportunity cost table
A) -1 or 1 B) -1 C) 1 D) 0
Empowered employees are more likely to offer ideas, exercise creativity, and develop more innovative processes and products than those who are not empowered.
Answer the following statement true (T) or false (F)