Which of the following statements is true about the operating environment in which operations
management functions?
A) Most organizations do not need to worry about competition.
B) Price is more important than quality.
C) Customers are more demanding.
D) Government regulation is not important for companies.
C
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To compute trend percentages the analyst should:
A. Subtract the analysis period number from the base period number. B. Compare amounts across industries using Dun and Bradstreet. C. Compare amounts to a competitor. D. Subtract the base period amount from the analysis period amount, divide the result by the analysis period amount, then multiply that amount by 100. E. Select a base period, divide analysis period amount by the base period amount and multiply that amount by 100.
Hiring/placement interviews are typically conducted before screening interviews.?
Indicate whether the statement is true or false
You are ready to start your crowdfunding campaign. Describe what you should do to ensure a successful campaign.
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. At the optimal order quantity for the quantity discount model, the sum of the annual holding and ordering costs is minimized. 2. As lead time for an item increases, the cycle time increases. 3. An assumption in the economic production lot size model is that there is storage capacity to hold the entire production lot. 4. If lead time is longer than the review period, the order quantity at any review point is the amount needed for the inventory on hand plus all outstanding orders to reach the replenishment level. 5. For the periodic review inventory model presented in the textbook, it is assumed that a special replenishment order will be placed in the event of a stockout between review points.