In a noninstantaneous receipt model, daily demand is 55 units and daily production is 120 units, Co = $70 and Cc = $4 per unit per year. What is the maximum inventory level? (Assume that the facility is open 365 days per year.)

While a fad generates sales for only a short time period, an extended fad's residual sales can continue for a long time (but at a fraction of early sales)

Indicate whether the statement is true or false

________ refers to how long it takes the software package to respond to the user's request in an interactive session

A) Vendor support B) Flexibility C) Response time D) Ease of installation