A catalog retailer of kitchen items observes that during some weeks it sells 40 muffin pans, and during other weeks it sells none. A reorder takes up to three weeks. The probability of running out of pans and alienating its customers can be alleviated by maintaining
A. cycle stock.
B. hidden inventory.
C. backup stock.
D. lead stock.
E. non-ledgered stock.
Answer: C
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Managed care plans generally require that the employee and their family use doctors and facilities that are in the managed care ______.
A. vestment B. outwork C. network D. alliance
The Sarbanes-Oxley Act has all but which of the following provisions?
a. Creating a five-person Accounting Oversight Board with authority to review and discipline auditors. b. Creating severe civil and criminal penalties for enterprises that engage in the commission of two or more predicate acts within a period of ten years. c. Increasing the penalties for existing federal crimes and creating new criminal offenses. d. Adding new financial disclosure requirements.
An advantage of a well-developed mission statement is that it is able to guide everyone in the organization toward the goals that the owners have set.
Answer the following statement true (T) or false (F)
List the three functions coordinated by a supply chain management (SCM) system