Service level is positively correlated with the size of the buffer stock

Indicate whether this statement is true or false.

Answer: TRUE

Business

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General, Inc has prepared the following direct materials purchases budget

Month Budgeted DM Purchases June $69,000 July 78,500 August 78,100 September 76,000 October 78,200 All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate budgeted balance of accounts payable at the end of October. A) $46,920 B) $54,520 C) $7,600 D) $15,420

Business

Which of the following is a disadvantage of using Web for interactive marketing?

A) Consumers can effectively screen out most messages. B) An average customer spends very little time on Internet. C) Internet selling and advertising is costlier than other advertising media. D) It is unable to create long-term marketing assets. E) Online marketing limits the possibilities of personalization.

Business