Which of the following statements regarding MRP in services is TRUE?
A) MRP is for manufacturing only, and it is not applicable to services.
B) MRP can be used in services, but only in those that offer very limited customization.
C) MRP only works in services for demand that is independent.
D) Services such as restaurant meals illustrate dependent demand, and they require product structure trees, bills-of-material, and scheduling.
E) None of the above is true.
D
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Which of the following is true regarding the effect of the death of a partner on a general partnership?
a. Unless there is an agreement to the contrary, the partnership dissolves upon the death of a partner. b. Unless there is an agreement to the contrary, the partnership ceases to exist 10 days after the death of any partner. c. The remaining partners must by operation of law continue the partnership for at least one year. d. Within 90 days the remaining partners may elect to continue the partnership.
Product line length indicates the
A. number of individual offerings in a product line. B. total number of products that the company has to offer its customers. C. number of product lines that the company has to offer its customers. D. total customer lifetime value associated with the offerings in a product line. E. number of intermediaries involved in the distribution of all the offerings in a product line.
C.D. Jamison Co. is a wholesaler in Norfolk, Virginia. It carries a wide variety of merchandise from various producers-everything from bar soap and shampoo to cameras and stereo equipment-that is sold in retail stores on U.S. Navy bases and Navy ships. C.D. Jamison owns the products it resells and provides all the wholesaling functions. C.D. Jamison is a(n)
A. agent wholesaler. B. manufacturer sales branch. C. general merchandise wholesaler. D. specialty wholesaler. E. single-line wholesaler.
General Motors Corporation has a goal of launching an electric vehicle soon. The car has been in test drives and they are in the process of working out any bugs that may occur. GM is in the process of working toward mass production of the vehicle. They are in what stage of the marketing plan?
A. product planning B. mechanistic organization C. synergistic control D. strategic diversification E. implementation