The number of Kanbans should be such that ______.
a. expected demand during lead time plus safety stock requirements must be met
b. only expected demand during lead time must be met
c. only safety stock requirements must be met
d. ISO specifications are satisfied
a. expected demand during lead time plus safety stock requirements must be met
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Nina sent a letter to Adrian that stated she wanted to hire him to decorate the interiors of her house. She wrote that he must accept the offer by mail. Adrian received the letter and telephoned Nina to say that he accepted the offer. Which of the following statements is true in this case?
A. There is a valid acceptance and a binding contract because the telephone call was a faster means of acceptance than the mail. B. There is no acceptance and no contract in this situation as it is clearly mentioned by the offeror that the acceptance must be by mail. C. There is a valid acceptance and a binding contract because the telephone call was a reasonable means of acceptance. D. There is a valid acceptance and a binding contract because the telephone call was an authorized means of acceptance.
What is the purpose of a data warehouse?
A) to obtain secondary data and integrate it with primary data B) to gather and integrate data in a central, accessible location C) to interpret the data obtained D) to prevent the theft of customer data E) to identify and discard outdated data
Phillip owns a small mechanics shop. He decides to invest in some local advertising. In one newspaper advertisement, he talks about how affordable his shop is compared to competitors. He also takes out a radio ad stressing that his shop's prices are much lower than competitors. However, when a new customer comes in to have some body work done on her car, she is shocked to see that the final bill is much higher than what it would have cost at her previous mechanic's. When she complains to Phillip, he informs her that his shop provides the highest in quality services, which sometimes entails higher costs. Phillip does not appear to have an effective
A. marketing information system. B. integrated marketing communications strategy. C. system of advertising. D. channel of communication. E. marketing plan.
Boycotts that are in violation of the Sherman Act include:
A) a seller's refusal to deal with any particular buyer. B) a manufacturer who refuses to sell to a retailer who persists in selling below the manufacturer's suggested retail price. C) when two or more firms that have market power agree not to deal with a third party, thereby eliminating competition. D) cooperative agreements designed to increase economic efficiency and render markets more competitive.