The difference in time between planned order release and planned order receipt ______.
a. ensures safety lead time
b. depends on lead time required
c. depends on inventory holding cost
d. is called time phasing
b. depends on lead time required
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In which of the following countries are business cards handed to the recipient with both hands with the information facing the receiver?
A. Denmark B. France C. England D. Japan
Hensley and Boyer have been negotiating for several months over issues related to the purchase and sale of some real estate. They draft a letter of intent that
a. protects both parties by ensuring the other side is serious and creates a binding agreement on the issues on which the parties have agreed thus far. b. may or may not be an offer, depending on the exact language and whether the document indicates that the parties have reached an agreement. c. has a legal binding effect concerning the issues outlined in the letter. d. courts will consider to be a valid offer which the other party must accept if offered in good faith.
Suppose that the feasible region of a maximization LP problem has corners of (0,0), (5,0), and (0,5). How many possible combinations of X and Y will yield the maximum profit if profit is given to be 5X + 5Y?
A) 0 B) 1 C) 2 D) 5 E) Infinite
Julius is a judge. How the Julius and the judges in other courts interpret a particular statute determines
A. how that statute will be applied. B. how the law needs to be changed. C. how the common law should be codified. D. nothing.