The confidence interval:
A) decreases with a larger pool size
B) increases with a larger pool size
C) decreases and increases with a larger pool size
D) does not change with the pool size
A
Business
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Which MRP lot-sizing technique should be considered to be the goal (i.e., the technique of choice under ideal conditions)?
A) Wagner-Whitin B) EOQ C) lot-for-lot D) POQ E) Silver-Meal
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Ross Manufacturing wants to sell foreign exchange on a spot basis and contracts with an international bank to handle the transaction. What is the most likely reason that Ross uses an international bank in this case?
A) The bank can customize the spot to meet Ross' needs. B) Laws require that banks handle spot transactions. C) The bank will not charge Ross a service fee. D) Ross is a U.S. organization.
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