With regard to inventory management, EOQ stands for ______.
A. economic order quantity
B. easily ordered quantity
C. electronic ordering quantity
D. everlasting online quantity
A. economic order quantity
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Regarding foreign investment
A. deals that result in the foreign investor's obtaining at least 10 percent of the shareholdings are classified as portfolio investments. B. it exists only due to the presence of exporting. C. the distinction between portfolio investments and direct investments has begun to blur. D. portfolio investment involves investors who participate in the management of the firm in addition to receiving a return on their money. E. it can be divided into three components: international trade, portfolio investment, and direct investment.
Frequent shopper programs and customer and vendor analysis are made possible through _____
a. data-base management b. data mining c. electronic data interchange d. data warehousing
At the beginning of the year, Judge Manufacturing had the following account balances
Work-in-Process Inventory 20,000 Finished Goods Inventory 8,000 Manufacturing Overhead 0 Cost of Goods Sold 0 Sales Revenue 0 The following additional details are provided for the year: Direct materials placed in production $83,500 Direct labor incurred 190,500 Manufacturing overhead incurred 300,400 Manufacturing overhead allocated to production 297,900 Cost of jobs completed and transferred 501,700 The ending balance in the Finished Goods Inventory account is a ________. A) debit of $509,700 B) debit of $501,700 C) debit of $8,000 D) debit of $571,900
Two major automobile manufacturers have produced compact cars with engines of the same size. We are interested in determining whether or not there is a significant difference in the mean MPG (miles per gallon) when testing for the fuel efficiency of these two brands of automobiles. A random sample of eight cars from each manufacturer is selected, and eight drivers are selected to drive each automobile for a specified distance. The following data (in miles per gallon) show the results of the test. Assume the population of differences is normally distributed. Driver Manufacturer A Manufacturer B 1 32 28 2 27 22 3 26 27 4 26 24 5 25 24 6 29 25 7 31 28 8 25 27 ? The test statistic is
A. 1.616. B. 1.906. C. 2.096. D. 2.256.