Which of the following questions can procurement help a company answer?
A. What quantity of raw materials should we purchase to minimize spoilage?
B. At what price can we purchase materials to guarantee profitability?
C. How can we guarantee that our raw materials meet production needs?
D. All of these.
Answer: D
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In general, most business messages are written using what type of tone?
A) Conversational B) Casual C) Abstract D) Formal E) Objective
The goal of a Six Sigma effort is ______.
a. to produce 3.4 defects in a million opportunities b. to produce no fewer than 3.4 defects in a million opportunities c. to produce at very high levels of quality d. to produce no more than 3.4 defects in a million opportunities
The amount of planned work scheduled and actual work assigned to a production facility for a specified period of time is a ______.
a. load b. production volume c. capacity d. work schedule
Consider a one-period binomial model of 6 months. Assume the stock price is $63.00,
? = 0.28, r = 0.05 and the stock's expected return is 14.0%. What is the true probability of the stock going up? A) 56.6% B) 52.4% C) 48.2% D) 46.4%