Which of the following variables are probabilistic in an inventory model that requires simulation?
A) demand only
B) lead time only
C) holding cost only
D) Both A and B
E) A, B, and C
D
Business
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Ikea original began by selling what item?
A. fish B. vegetables C. wood D. coal
Business
An investor is considering the purchase of 20 acres of land. An analysis indicates that if the land is used for cattle grazing, it will produce a cash flow of $1,000 per year indefinitely
If the investor requires a return of 10% on investments of this type, what is the most he or she should be willing to pay for the land? A) $1,000 B) $10,000 C) $100,000 D) $150,000 E) $1,000,000
Business