Backorders occur when you do not have inventory in stock and your customer . . . ?
a. Switches to a different brand.
b. Decides to keep their business with your organization and wait for the desired product.
c. Cancels the order because she decides she has enough inventory all ready.
d. Decides to take her future business elsewhere.
e. Either A or D
b. decides to keep their business with your organization and wait for the desired product
You might also like to view...
Fixed fee contracts are desirable when there is little uncertainty regarding the output
a. True b. False
One of the principal factors behind the U.S. trade deficits of the 1990s has been
a. slow growth and recession in many important trading partners. b. rapid growth and inflation in many important trading partners. c. significant depreciation of the dollar. d. rising real interest rates in the United States.
The United States generally has a comparative advantage in the development of technology because it has:
A. a disproportionate share of the world's best research universities. B. patent laws, which no other country has. C. large amounts of natural resources. D. the greatest need for new technology.
Suppose that the demand curve for wheat is downward sloping and the price per bushel increases from $4.50 to $5.50. We would expect:
a. The demand for wheat to increase b. The quantity demanded of wheat to decrease c. The quantity demanded of wheat to increase d. Producers to reduce the number of bushels produced