The costs of controlling quality include which of the following?
A) prevention and process control costs
B) appraisal and process control costs
C) prevention and appraisal costs
D) any of the above
E) none of the above
C
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Which of the following is a criticism of LMX?
A. It alerts leaders to their biases. B. It is a unique approach that looks at dyadic relationships. C. LMX does not fully explain the creation of high-quality exchanges. D. It directs our attention to the importance of communication in leadership.
Humor works best when
a. it is not directly related to the content of a speech. b. it is “stuck on” for effect. c. it is shocking. d. it is appropriate.
Examples of positive ____________________ messages for the interview process include arriving on time, dressing professionally, controlling your body movements, exhibiting good posture, using effective eye contact, smiling appropriately, and listening attentively
Fill in the blank(s) with correct word
A product has a reorder point of 110 units, and is ordered four times a year on average. The following table shows the historical distribution of demand values observed during lead time
Demand Probability 100 .3 110 .4 120 .2 130 .1 Managers have noted that stockouts occur 30 percent of the time with this policy, and they question whether a change in inventory policy, to include some safety stock, might be an improvement. The managers realize that any safety stock would increase the service level, but they are worried about the increased costs of carrying the safety stock. Currently, stockouts are valued at $20 per unit per occurrence, while inventory carrying costs are $10 per unit per year. What is your advice? Do higher levels of safety stock add to total costs, or not? What level of safety stock is best?