Elaine, a dealer in antique furniture, falsifies the age of a wooden cabinet when selling it to a customer and, in the process, charges him more than twice its actual price. In this example, what fraudulent act has Elaine committed?

A product has demand during lead time of 100 units, with a standard deviation of 25 units. What safety stock provides (approximately) a 95% service level?

A) 41 B) 55 C) 95 D) 140

There are many differences between broker markets and dealer markets. These differences include such things as membership, location, regulation, and several other characteristics

Discuss at least five key differences between these two markets. What will be an ideal response?