In the quantity discount model, it is possible to have a cost-minimizing solution where annual ordering costs do not equal annual carrying costs

In the decision support process, formulating a module to be evaluated and setting criteria for making a choice would occur during what phase of the decision making process?

a. Choice Phase b. Design Phase c. Functional Phase d. Intelligence Phase e. Operational Phase

Which of the following measures excludes non-cash charges against income?

A) operating expenses B) EBIT C) net income before taxes D) EBITDA