In the ABC system of inventory management, the ________ method could be utilized to control C items
A) basic economic order quantity
B) materials requirement planning
C) two-bin
D) just-in-time
C
Business
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A component must have reliability of .9925. Two technologies are available for this component: one produces a component with .999 reliability at a cost of $2000. Another produces a component with .73 reliability at a cost of $450
Which is cheaper: one high quality component or a parallel set of inferior components? (Hint: for the inferior components, you first need to determine the number of them that would be needed to ensure overall reliability of .9925.)
Business
Annualized net present value approach is the most efficient technique for dealing with projects of unequal lives
Indicate whether the statement is true or false
Business