In developing the standard economic order quantity formula, the following assumption(s) is (are)
made:
A) Lead time is constant.
B) Demand for the item is relatively uniform.
C) Replenishment is in lots or batches that arrive at once.
D) All of the above are assumed.
E) None of the above is assumed.
D
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Regarding sales force compensation methods:
A. combination plans provide some security and some incentive. B. straight commission avoids the need to consider a sales quota. C. straight salary provides the most incentive. D. sales quotas play no role in any of the methods. E. All of the above.
Which of the following statements regarding the Real Estate Settlement Procedures Act (REPSPA) is true?
A. It applies to residential and commercial transactions B. The borrower in entitled residential transactions, including seller financing C. It covers all financed residential transactions, including seller financing D. It sets the maximum interest rate that the lender can charge