An entity ________ is a single occurrence of an entity type
A) Instance
B) Object
C) Attribute
D) Class
A
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Which of the following factors does not contribute to the increase of buffer stock levels?
A. High fluctuations in demand B. Fluctuations in vendor lead time C. Long lead time for delivery from the vendor D. The high service level that a retailer tries to achieve E. Frequent store deliveries
If the variance of orders of a manufacturer equals 800, and the variance of orders of its supplier equals 750, what is happening at this part of the supply chain?
A) The bullwhip effect is present. B) The supplier is providing a dampening (anti-bullwhip) effect. C) The bullwhip measure for the supplier equals 1.067 D) Neither amplification nor smoothing is present. E) Both amplification and smoothing are present.
Which of the following is true of a break point on a firm's marginal cost of capital (MCC) schedule?
A. A break point (BP) is defined as the last dollar of new total capital that can be raised before an increase in the firm's weighted average cost of capital (WACC) occurs. B. A break point (BP) is defined as the weighted average cost of capital (WACC) of the last dollar of new capital that a firm raises. C. A break point denotes the cost of obtaining an additional dollar of new capital that is required to meet the firm's capital budgeting needs. D. At the break point, the marginal cost of raising new capital equals the marginal revenues generated from investing the new capital. E. A break point shows the point at which the yield to maturity (YTM) on debt is equal to the firm's required rate of return.
Which of the following is not generally required in order to have a valid contract?
A) Mutual assent B) A lawful purpose C) Fairness of the bargain D) Parties who have contractual capacity