Jannusch Corporation makes one product. Budgeted unit sales for July, August, September, and October are 10,000, 11,600, 13,300, and 12,700 units, respectively. The ending finished goods inventory should equal 20% of the following month's sales. The budgeted required production for August is closest to:
A. 16,580 units
B. 11,940 units
C. 11,600 units
D. 14,260 units
Answer: B
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In a marketing information system (MIS), data flows through the organization from internal company data, competitive intelligence, and
A. customer insights. B. mathematical modeling. C. marketing research. D. statistical models.
You would like to use the fixed-time-period inventory model to compute the desired order quantity for a company. You know that vendor lead time is 5 days and the number of days between reviews is 7. Which of the following is the standard deviation of demand over the review and lead time if the standard deviation of daily demand is 8?
A. About 39.9 B. About 32.8 C. About 27.7 D. About 35.8 E. About 45.0
____________________ is the desired or minimum number of queries and transactions that must be processed per minute or hour
Fill in the blank(s) with correct word
Richard, a self-employed business consultant, traveled from New Orleans to New York for both business and vacation. He spent 4 days conducting business and some days vacationing. He incurred the following expenses:Airfare$460Lodging-per day175Meals-per day100Business Entertainment800What is his deduction under the following two circumstances?a.He spends three days on vacation, in addition to the business days.b.He spends six days on vacation, in addition to the business days.
What will be an ideal response?