If the daily demand is 50 and the lead time in days is 4, what is the reorder point?
A) 200
B) 220
C) 240
D) 260
Answer: A
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The U.S. uses a Harmonized Tariff Schedule that:
a. completed a 25-year formal governmental transfer from specific to ad valorem tariffs on all products b. adopted the GATT tariff schedules set forth by the Community of Nations Accord signed in Paris in 1982 c. were developed by a group of countries to standardize the ways goods are classified by customs officialsworldwide d. provide for specific exemptions from WTO tariff schedules e. bring U.S. tariffs in line with tariffs imposed on goods imported into foreign trade zones and duty-free ports
Turnaround means ____
a. the firm is successful in introducing a new product b. the firm moves up the industry rankings c. the firm develops a knowledge base d. the firm is now able to compete in a hypercompetive market e. the reversal of a pattern of decline