________ set predetermined times to ship given quantities of needed products at a given price.
A. Scheduled order inventories
B. Purchase orders
C. Standing orders
D. Economic order quantities
Answer: C
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Insurance company Acuity has a clan culture; employees have generous perks and are empowered to participate in a way in the company that is fun. The end results are profitability and an enviably low 2% turnover rate. A clan culture has a(n)
A. internal focus and values flexibility. B. strong external focus and values stability and control. C. external focus and values flexibility. D. internal focus and values stability and control. E. continual focus on efficiency, cost cutting, and outsourcing.
Which of the following statements does not describe the relationship between product availability and stock level?
A. The quantity of backup stock is fixed by a retailer and is not influenced by product availability. B. More backup stock is needed in the model stock plan if a retailer wants to increase product availability. C. The higher the product availability, the greater the amount of backup stock. D. A very high level of product availability results in a prohibitively high inventory investment. E. If the product availability gets too high, scarce financial resources will be wasted on needless inventory that could be more profitably invested in increasing variety or assortment.
It is good practice to write a short letter of departure when you decide to leave a job. _________________________
Answer the following statement true (T) or false (F)
To assume that sales create advertising is incorrect.
Answer the following statement true (T) or false (F)