Delivery of goods from a supplier is in transit for 14 days. If the annual demand is 2600 units, what
is the average annual inventory in transit?
A) 100 units
B) 1.97 units
C) 89.7 units
D) cannot be determined from the data given
C
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Having no hidden agenda and dealing with issues openly and in a timely manner implies that the person sending the message is ________.
A. ambitious B. supportive C. straightforward D. indirect
A market division by class of customer between rival firms violates antitrust law
a. True b. False Indicate whether the statement is true or false
A company with national sales but only one large manufacturing operation and one administrative
headquarters located in the same large northeastern city would most likely use which of the following techniques for cash management? A) bankers' acceptances B) payable-through drafts C) lockbox system D) zero balance accounts
Darren wants to impress his new girlfriend whose father is a nationally known race car driver. He drives his Lexus to the Chevrolet dealer and without negotiating, trades the Lexus in for a new smoke gray 545-hp Nissan GT-R. The car cost him $174,990 but he feels it is worth it to impress his girlfriend. What specific type of product did Darren purchase?
A. Convenience product B. Shopping product C. Specialty product D. Consumer product