Affect-based trust is more rational than emotional

Indicate whether this statement is true or false.

FALSE

Business

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At common law, how much notice was necessary to terminate a periodic tenancy?

A) One year B) A periodic tenancy can be terminated without notice. C) One period, the length of the period being the period of the particular lease D) A periodic tenancy is automatically terminated at the end of the period. E) One month

Business

Average daily sales of a product are 8 units. The actual number of sales each day is either 7, 8, or 9, with probabilities 0.3, 0.4, and 0.3, respectively

The lead time for delivery of this averages 4 days, although the time may be 3, 4, or 5 days, with probabilities 0.2, 0.6, and 0.2. The company plans to place an order when the inventory level drops to 32 units (based on the average demand and average lead time). The following random numbers have been generated: 60, 87, 46, 63 (set 1 ) and 52, 78, 13, 06, 99, 98, 80, 09, 67, 89, 45 (set 2 ). Use set 1 of these to generate lead times and use set 2 to simulate daily demand. Simulate 2 ordering periods with this and determine how often the company runs out of stock before the shipment arrives. Assume 32 units on-hand and an order was just placed.

Business