Tell how to calculate Reorder Point (ROP) and Economic Order Quantity (EOQ).
What will be an ideal response?
ROP is found by multiplying the average demand per unit of lead time by the lead time and adding the safety stock. EOQ is found by multiplying 2 times the annual demand by the ordering costs and dividing this quantity by the carrying cost per unit in dollars or other currencies.
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The act of excluding or denying people of products, rights, or services based on their race, ethnicity, religion, sexual orientation, gender, age, or disability is known as
a. defamation. b. discrimination. c. denying. d. excluding.
When there is a high inventory turnover, there is an increase in sales because
A. new merchandise is continually available to customers. B. more money is available to buy new merchandise. C. price points are set higher to accommodate for potential sales loss. D. the merchandise begins to look shopworn. E. sales are increased by reducing prices.
The interest coverage ratio equals income before income taxes plus interest expense divided by
a. income before income taxes. b. net income. c. interest expense. d. total assets.
Who created a numerical organizational capacity assessment tool?
A. Michael Worth B. Harvard University C. Independent Sector D. McKinsey & Company