Answer the following statement(s) true (T) or false (F)
1. For the production lot size, Q, the average inventory is one-half the maximum inventory, or 1/2Q.
2. In a periodic review model, inventory is checked and reordering is done only at specified points in time, such as on a weekly, biweekly, monthly, or some other periodic basis.
1. True
2. True
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Sebastian, an employee, understands that he has great potential after taking a self-assessment test at his company. He decides to create a checklist of short-term objectives to achieve to help him hone his skills. In this scenario, Sebastian is employing ________ as a mechanism of career management.
A. self-assessment B. goal setting C. assessment D. feedback E. appraisal
Plum Corporation issues $400,000 of 7 percent, five-year bonds on January 1, 20x5, when the market rate of interest is 8 percent. The bond indenture states that interest is to be paid on January 1 and July 1 of each year. The entry to record the issuance includes
A) a credit to Cash. B) a debit to Bonds Payable. C) a debit to Unamortized Bond Discount. D) All of these choices.
A(n) _______ greets callers when all service desk analysts are busy and can provide valuable information when customers are asked to wait on hold.
Fill in the blank(s) with the appropriate word(s).
If the iso-profit line has the same slope as the line of a binding constraint, then the model has an infinite number of solutions
a. True b. False