________ is the probability that the inventory available during the lead time will meet demand
Fill in the blank with correct word.
Answer: Service level
You might also like to view...
When production is greater than sales, the operating income will be higher under absorption costing than variable costing. Assume zero beginning and ending inventories. Which of the following gives the correct reason for the above statement?
A) All costs incurred have been recorded as expenses. B) A portion of the fixed manufacturing overhead is still in the ending Finished Goods Inventory account under absorption costing. C) All selling and administrative expenses have been recorded as period costs. D) Fixed manufacturing costs have not been considered when calculating the operating profits.
Which of the following forms of organization is a compromise between starting one's own business as an entrepreneur and working for someone else as an employee?
a. Limited liability company. b. Business trust. c. Close corporation. d. Franchise.
Which of the following is used to organize and summarize ideas or issues generated by team members?
A) burndown chart B) affinity diagram C) check sheet D) Kano model
The average annual return on the S&P 500 from 1996 to 2005 is closest to ________
Consider the following realized annual returns: Year-end S&P 500 Realized Return IBM Realized Return 1996 23.3% 46.3% 1997 24.7% 26.7% 1998 30.4% 86.9% 1999 9.0% 23.1% 2000 -2.0% 0.2% 2001 -17.3% -3.2% 2002 -24.3% -27.0% 2003 31.2% 27.9% 2004 4.4% -5.1% 2005 7.4% -11.3% A) 8.68% B) 4.34% C) 5.21% D) 9.55%