Two factors that go into the determination of the appropriate order point are the deliver-time stock

and the safety stock required.

Indicate whether the statement is true or false

TRUE

Business

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The choice of type of manufacturing process is typically made according to production volume.

a. true b. false

Business

In analyzing a parcel of vacant land to estimate its value, what is the first thing necessary to determine:

A: Price at which it should be listed; B: Price at which it was purchased; C: Highest and best use of the land; D: Prices of comparable properties.

Business