The changes in firm planned orders ______.

a. happen automatically upon changes to conditions
b. require approval from senior managers
c. can be made by supervisors on the production floor
d. can be made by customers alone


b. require approval from senior managers

Business

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In the context of data communications, a(n) _____ is a combination of devices or nodes connected to each other through a communication medium.

Fill in the blank(s) with the appropriate word(s).

Business

An example of a conflict trigger over values may occur when a supervisor expects an employee to follow her instructions implicitly, and the employee feels the need to ask lots of questions regarding the basis for such instructions

Indicate whether the statement is true or false.

Business

Average daily sales of a product are 8 units. The actual number of sales each day is either 7, 8, or 9, with probabilities 0.3, 0.4, and 0.3, respectively

The lead time for delivery of this averages 4 days, although the time may be 3, 4, or 5 days, with probabilities 0.2, 0.6, and 0.2. The company plans to place an order when the inventory level drops to 32 units (based on the average demand and average lead time). The following random numbers have been generated: 60, 87, 46, 63 (set 1 ) and 52, 78, 13, 06, 99, 98, 80, 09, 67, 89, 45 (set 2 ). Use set 1 of these to generate lead times and use set 2 to simulate daily demand. Simulate 2 ordering periods with this and determine how often the company runs out of stock before the shipment arrives. Assume 32 units on-hand and an order was just placed.

Business

In our courts, litigation is based on the ____________________, where the parties are represented by attorneys who are opponents of each other

Fill in the blank(s) with correct word

Business