Taylor, the human resource manager at a large manufacturing firm, wants to fill an entry-level management position with an internal candidate if possible. To help her determine current employees' qualifications in terms of education, training and experience, she consults the organization's _____.

If the daily demand is 30 and the lead time in days is 3, what is the reorder point?

A company distributes repair parts for high-end appliances. The annual demand is 81,000 and the company operates 300 days per year. The annual carrying cost is 20% of the item cost, which is $500. The ordering cost is estimated at $60 and the shortage cost is $150.

A sales volume variance will occur when the number of units actually sold differs from the volume originally planned for in the master budget

Indicate whether the statement is true or false