Each month's sales are divided by total yearly sales and then multiplied by 100 to compute the monthly sales index
Indicate whether the statement is true or false
False
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Stock splits:
A. are a type of dividend. B. change the retained earnings account. C. decrease the number of shares outstanding. D. change the par value of the shares.
For service-oriented businesses, pricing is determined using cost-based approaches that add the cost of overhead to materials, parts, and labor via markup percentages
Indicate whether the statement is true or false
The Web can help you find fascinating information it can also help you waste vast amounts of time
a. semicolon b. colon c. either of the above
Using the fixed-time-period inventory model, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time, 30 units of inventory on hand, a service probability of 98 percent, and a standard deviation of daily demand is 3 units, which of the following is the order quantity?
A. About 36.3 B. About 56.8 C. About 42.3 D. About 59.8 E. About 30.4