A restaurant runs a special promotion on lobster and plans to sell twice as many lobsters as usual. When this large order is sent to the distributor, the distributor assumes the large size is a trend, not a one-time event. The distributor therefore places an even larger order with the lobsterman. This behavior is the result of which of the following?

A) double marginalization
B) the bullwhip effect
C) CPFR
D) postponement
E) vendor-managed inventory

B

Business

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Sometimes, because of prior knowledge, the researcher knows how many factors to expect and thus can specify the number of factors to be extracted beforehand. This is referred to as ________

A) a priori determination B) determination based on split-half reliability C) determination based on significance tests D) determination based on scree plot

Business

The best organization to go to when a supported task is generic is a(n):

A) open-source software provider. B) cloud computing service provider. C) in-house development group. D) packaged software producer. E) IT service firm.

Business