Total annual inventory costs include all of the following except?
a. Carrying costs
b. Order costs
c. Marketing costs
d. Stockout costs
c. Marketing costs
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When is revenue from the sale of merchandise normally recognized?
a. On the date the sale is made. b. When the customer pays for the merchandise. c. Either on the date on which the sale occurs, or the date on which the customer pays d. When the merchandise is sold, if sold for cash, or when payment is received, if sold on credit
Answer the following statement(s) true (T) or false (F)
1. Social cognition explains how we develop mental representations and how our mental representations influence the way we process information about people and social events. 2. The image that the word fish brings to mind is part of a mental representation called a script. 3. We create a schema for people of a nationality by assigning a set of characteristics to a particular national culture label. 4. Schemas are largely unconscious mental representations that shape how we think and act in a given situation. 5. Norms can be more important predictors of behavior in collectivist than in individualist cultures.
A baker uses organic flour from a local farmer in all of his baked goods. For each batch of bread (x1), he uses 4 pounds of flour. For a batch of cookies (x2), he uses 3 pounds, and for a batch of muffins (x3) he uses 2 pounds
The local farmer can supply him with no more than 24 pounds per week. The constraint that represents this condition is: A) x1 ? 8, x2 ? 8, x3 ? 8. B) x1 + x2 + x3 ? 24. C) x1 + x2 + x3 ? 24. D) 4x1 + 3x2 + 2x3 ? 24.
In the context of learning styles, ________ prefer to learn by observing and thinking.
A. convergers B. accommodators C. divergers D. assimilators