Lead time for one of Montegut Manufacturing's fastest moving products is 4 days. Demand during this period averages 100 units per day. What would be an appropriate reorder point?
What will be an ideal response?
Reorder point = demand during lead time = 100 units/day × 4 days = 400 units.
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Answer the following statements true (T) or false (F)
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Which type of store carries a wide variety of product lines and has been squeezed in recent years between more focused and flexible specialty stores on the one hand and more efficient, lower-priced discounters on the other?
A) warehouse clubs B) department store C) factory outlet D) merchant wholesaler E) category specialist
Regarding free speech, the premise in American law is that not all speech is created equal
Indicate whether the statement is true or false
Leeks Company's product has a contribution margin per unit of $11.25 and a contribution margin ratio of 22.5%. What is the selling price of the product?
A. $40. B. $30. C. $20. D. $50. E. $5.