A simple bar graph where the y-axis represents frequency of occurrence best describes
A) Pareto chart.
B) NGT.
C) affinity diagram.
D) check sheet.
A
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When a purchasing agent benefits personally by accepting payment from a vendor, the purchasing agent is guilty of which of the following?
a. Performing kiting. b. Committing embezzlement. c. Receiving kickbacks. d. Stealing company assets.
Premarital agreements are only for parties who are extremely wealthy
Indicate whether the statement is true or false
Under the Uniform Computer Information Transactions Act (UCITA), what would be the result if an electronic agent agrees to a click-wrap agreement?
a. The user of the electronic agent would not be liable for the agreement. b. The user of the electronic agent would be liable for the agreement only if the evidence established that the user had an opportunity to look over the agreement and cancel it within a reasonable length of time. c. The use of the electronic agent would be liable for the agreement. d. The user of the electronic agent would be liable for the agreement only if the user was a merchant in respect to goods or services of the type purchased by the agreement.
If the daily demand is 30 and the lead time in days is 3, what is the reorder point?
A company distributes repair parts for high-end appliances. The annual demand is 81,000 and the company operates 300 days per year. The annual carrying cost is 20% of the item cost, which is $500. The ordering cost is estimated at $60 and the shortage cost is $150.