Which of the following are the most frequently used methods of communicating standard operating procedures and other instructions to employees?
a. Memos and email messages
b. Face-to-face meetings and phone conversations
c. Phone conversations and instant messaging
d. Reports and letters
A
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Ruby owns a small cafe and uses a linen supplier for her tablecloths. Whenever she needs more tablecloths, she calls the supplier. She uses an average of 12 tablecloths a day with a standard deviation of 3 tablecloths. Lead time is a constant 2 days
If Ruby is willing to accept a 5% stockout risk, what is the reorder point, rounded to the nearest tablecloth? Assume demand is normally distributed. A) 28 B) 31 C) 34 D) 42
One method of accounting for systematic risk for a project involves identifying a publicly traded
firm that is engaged in the same business as that project and using its required rate of return to evaluate the project. This method is referred to as A) scenario analysis. B) sensitivity analysis. C) the pure play method. D) the accounting beta method.