Safety inventory is carried because
A) demand forecasts are accurate.
B) demand forecasts are uncertain.
C) adequate supplies are available.
D) excess product was manufactured.
Answer: B
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Sam was recently promoted to the production manager of a busy shoe factory. He was chosen because prior to his promotion he had proven himself to be very efficient, and as a department manager he had a logical and practical approach to solving problems. Sam has a reputation for being decisive and getting things done. Most of the factory's employees like Sam, but they feel his style is autocratic, because he likes to do things by the book. Sam has a(n) ______ style
A. directive B. conceptual C. ambiguous D. behavioral E. analytical
Define marketing implementation
What will be an ideal response?
Having had no prior knowledge of the market for his product sweater, what approach did Jack McCarthy of Ugly Christmas Sweaters utilize when putting his product up for sale?
a. discovery approach b. finding approach c. exploration approach d. building approach
An advantage of exponential smoothing over a simple moving average is that exponential smoothing requires one to retain less data
Indicate whether the statement is true or false