In the basic EOQ model, if annual demand is 50 units, carrying cost is $2 per unit per year, and ordering cost is $15, what is the EOQ?
What will be an ideal response?
Answer: 27.39
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Decisions concerning the role of each facility are significant because they determine the amount of flexibility the supply chain has in changing the way it meets demand
Indicate whether the statement is true or false.
Foot Friendly is a manufacturer of athletic shoes. It has released an improved version of its premier running shoe in markets in which the company already operates. Which of the following types of innovations does this scenario best illustrate?
A. architectural innovation B. incremental innovation C. radical innovation D. disruptive innovation
In a criminal case, if evidence is not gathered properly, such as by a search that violates Fourth Amendment rights, then at trial that evidence is:
a. allowed to be referred to but not presented directly b. allowed only if probable cause is first established c. dropped under the exclusionary rule d. irrelevant since there can be no trial if there was an improper search e. none of the other choices
Which of the following is an advantage of franchising?
A. It gives the franchisor the same level of tight control over franchisees as does chaining. B. It allows the franchisor to earn all the profits made by franchisees. C. It is beneficial for franchisees because they do not have to face higher capital costs. D. It helps the franchisees by relieving them of the responsibility of running operations. E. It can help the franchisor expand his or her business rapidly.