TCO provides a financial framework for evaluating and comparing ERP vendors and products

Indicate whether the statement is true or false


TRUE

Business

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Which of the following rules assigns tasks in order of the task with shortest operating time?

a. most-following-tasks rule b. ranked-position-weight rule c. least-number-of-following-tasks rule d. shortest-operating-time rule

Business

Orwin, owner of a used furniture store, gives Maggie a signed offer to buy her living room furniture for $800 . This offer:

a. is revocable at any time because no consideration was given. b. would have been irrevocable if Orwin were a merchant, but he would not be considered a merchant under the UCC. c. is irrevocable for a reasonable time, not to exceed three months, even if there was no consideration. d. is revocable without consideration because it is an offer to buy rather than to sell.

Business

In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is the economic order quantity?

A) 24 B) 100 C) 141 D) 490 E) 600

Business

An instrument is not negotiable if it is

a. payable in Canadian money. b. not dated. c. to be paid when the maker gets married. d. written in pencil.

Business