The fixed-time-period inventory system has a smaller average inventory than the fixed-order-quantity system because it must also protect against stock outs during the review period when inventory is checked.
Answer the following statement true (T) or false (F)
False
The fixed-time-period model has a larger average inventory because it must also protect against stock out during the review period, T; the fixed-order-quantity model has no review period.
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A farmer sells 4 million bushels of corn at a spot price of $2.10 per bushel. The total cost of production was $9.2 million. The farmer has an effective tax rate of 25%
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When a person deals in a security when in possession of non-public information, and they have an obligation not to reveal or use the information it is:
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A) 7.8% APR for 36 months B) 7.8% APR for 48 months C) 7.8% APR for 60 months D) 7.8% APR for 72 months