Barrett and Lynn both rated the employees on the sales team. If their ratings are consistent then they have ________ reliability.
A. internal consistency
B. test-retest
C. parallel-forms
D. interrater
E. inter-method
Answer: D
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Which of the following is a drawback of selling private-label merchandise?
A. Gross margins are lower with private-label brands than with national brands. B. Designing private-label merchandise is only possible for department store retailers. C. National brands are produced with better quality. D. National brands are far superior to private-label brands. E. Significant investment is needed to develop, manage, and market private-label brands.
Usually, there are few research situations that have some similarities to past situations
Indicate whether the statement is true or false
Consider the estimated aggregate demand for a company’s ski product line for the upcoming year in the following table. Calculate the inventory holding costs for the month of March using the level production strategy. Assume the regular time production cost as $200/pair of skis, the average monthly inventory holding cost as $20/pair of skis per month, and the beginning inventory for January is 8,000 units.
a. $5,000
b. $7,500
c. $10,000
d. $20,000
A continuous review system is sometimes called a reorder point system
Indicate whether the statement is true or false