Computerized short-term scheduling is often referred to as ______.
a. finite capacity scheduling (FCS)
b. infinite capacity scheduling (ICS)
c. regular capacity scheduling (RCS)
d. variable capacity scheduling (VCS)
a. finite capacity scheduling (FCS)
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The two key factors that affect industrial purchasing are:
A) the buyer's age and gender. B) the number of people in the buying center and the competitive position of the company in the market. C) the customers' fiscal years and general economic cycles. D) the market potential of the company and the growth of the Gross Domestic Product (GDP).
Which of the following is an example of an organizational factor that could impact political behavior in organizations?
A. the personality of the manager B. the stress level of the CEO C. the lack of bonus money D. personal desire for power
In the price-setting process, the next step after demand has been evaluated is to
A. choose a price. B. define the pricing objectives. C. evaluate the alternatives. D. analyze the competitive price environment. E. determine the costs.
On April 24 of the current year, The Memphis Pecan Company experienced a tornado that destroyed the company's entire inventory. At the beginning of April, the company reported beginning inventory of $228,350. Inventory purchased during April (until the date of the tornado) was $199,400. Sales for the month of April through April 24 were $644,100. Assuming the company's typical gross profit ratio is 50%, estimate the amount of inventory destroyed in the tornado.
A. $322,050 B. $213,875 C. $105,700 D. $158,588 E. $216,350