Countertrade is an elaborate and international form of the bartering system, and it accounts for one-third of all global trade

Which of the following statements is correct?

A) Quantity discounts will not change the total inventory costs of the item. B) Inventory levels can be lowered by raising the order quantity. C) You must know the ordering cost to use the EOQ concept. D) If stock is not received all at once into inventory, then EOQ formula can be modified and used. E) None of the above is correct.

Converting the external world into our own mental language is called

A) motivation. B) cognitive organization. C) symbolic coding. D) symbolic rehearsal.