"If my niece has predeceased me, then I give my double-barrel shotgun to my nephew" is what type of gift?

A) Residuary.
B) Specific.
C) Barbaric.
D) General.


A

Business

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Which of the following criteria is it most important that a group meet in order to be considered a true segment?

A) be replicable over time B) be diverse demographically C) have similar loyalty rates D) be a heterogeneous set E) be underserved by competitors

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Utilitarian ethics holds that decisions should be made on the basis of practicality, and whatever action is most convenient should be favored

a. True b. False Indicate whether the statement is true or false

Business

In U.S., during the past 75 years, on an average the return on U.S. Treasury bills has exceeded the inflation rate

Indicate whether the statement is true or false

Business

Henderson Furniture sells reproductions of 18th century furniture. For a particular table, the assumptions of the inventory model with backorders are valid. D = 200 tables per year I = 25% per year C = $800 per table Co = $80 per order Cb = $50 per table per year The store is open 250 days a year

a. What are the values for order quantity and number of planned backorders that will minimize total cost? b. What is the maximum inventory? c. What is the cycle time? d. What is total cost?

Business