The time between orders is given by the formula ELS/D. What is the significance of its inverse, D/ELS?
A) the number of orders per year
B) the time between consuming an order
C) the ratio of demand only to production and demand cycles
D) the ratio of the maximum inventory to the production quantity
A
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Which of the following data collection modes would be more appropriate for research on a product requiring demonstration that is targeted to the business-to-business market as opposed to the consumer market?
A) CATI B) business-to-business surveying C) in-office interview D) drop-off survey E) detailed online survey with graphics
David and Kathy like to take their young son, Chaz, to Moe's Southwestern Grill for lunch after church every Sunday. While they like to eat at Moe's at any time, Sunday is particularly good because it is "kids eat free" day at the restaurant
Until Moe's began this attractive offer, Sundays were very slow. Now it is one of the busiest days of the week for the restaurant. This strategy was a way to contend with the service characteristic of: a. variability. b. perishability. c. intangibility. d. inseparability.