Responding to customer complaints (primarily from period 1 purchasers) the student APICS chapter decides to use static pricing over the four month season. What is the total revenue for the season's sales at the optimal price?

Which of the following are methods of reducing manufacturing lead time?

I. subcontracting II. forward scheduling III. operation overlapping IV. operation splitting A) I, II, III and IV B) III and IV C) I and III D) I and II E) II and III

Among other things, a good physical control and security of inventory will depend on:

I. a good part-numbering system. II. a well-trained work force. III. free access to stock. A) II only B) I and II only C) II and III only D) I only E) I and III only