The lower the coefficient of variation of an item, the greater the reduction in safety inventories as a result of centralization

Indicate whether the statement is true or false.

Answer: FALSE

Business

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The true yield on a flight would be based on the number of revenue-paying passengers who booked seats on the flight.

a. true b. false

Business

Which of the following statements related to status/power is incorrect?

a. When the Chinese enter a room, they do so in rank order with the highest ranking person last. b. In France high-level executives sit in the middle of the work area. c. U.S. businesspersons perceive an office located in the top floor to be a sign of status. d. Age is viewed as an indication of seniority in Asian cultures.

Business