Describe how safety stock levels can be reduced in a supply chain.
What will be an ideal response?
A successful answer will note that the use of collaborative planning, forecasting, and replenishment can reduce uncertainty in a supply chain, thereby negating the need for safety stock.
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Software designed to trace and report your online behavior without your knowledge is called ______.
Fill in the blank(s) with the appropriate word(s).
Which statement is not true about the constant b in the bivariate regression equation ? i = a + bXi?
A) It is usually referred to as the non-standardized regression coefficient. B) It is the slope of the regression line and it indicates the expected change in Y when X is changed by one unit. C) It is the intercept of the regression line and it indicates the value of Y when X is zero. D) It may be computed as b=COVxy/Sx2.
In today's digital age, handwritten thank-you notes ________
A) are inappropriate B) signal a resistance to new forms of technology and social media C) convey a more meaningful expression of gratitude D) mean less to the recipient than a post on Facebook E) are more common than ever c
Which of the following is not a product cost component?
a. rent on a factory building b. indirect production labor wages c. janitorial supplies used in a factory d. commission on the sale of a product