A landlord's obligation to put a building intended for human habitation in a condition that is fit for occupancy is referred to as:

Ruth Company produces 1,000 units of a necessary component with the following costs:

Direct Materials $27,000 Direct Labor 16,000 Variable Overhead 4,000 Fixed Overhead 7,000 None of Ruth Company's fixed overhead costs can be reduced, but another product could be made that would increase profit contribution by $8,000 if the components were acquired externally. If cost minimization is the major consideration and the company would prefer to buy the components, what is the maximum external price that Ruth Company would be willing to accept to acquire the 1,000 units externally? a) $46,000 b) $51,000 c) $58,000 d) $55,000

Management has carefully measured the standard deviation of the demand of a product and plans

to use this to calculate the level of safety stock. If they keep one Standard Deviation of safety stock then the expected service level should be approximately: A) 85%. B) 35%. C) 100%. D) 15%. E) 90%.