An estate that lasts only so long as a specified condition is met is known as

For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inventory (carrying and setup) cost is $600. What is the inventory carrying cost per unit per year for this item?

A) $1.50 B) $2.00 C) $3.00 D) $150.00 E) not enough data to determine

An early warning signal for the potential of an overdrawn budget is created when:

A) Activity-based costing cannot identify drivers. B) A bottom-up budget never makes it up the chain of command. C) Contingency funds are applied for. D) A top-down process moves too quickly down to the functional managers.