ViteS Equipment Company has increased its inventory turnover ratio from 12 to 18. By how many days has it reduced the operating cycle?

In production scheduling LP problems, inventory at the end of this month is set equal to

A) inventory at the end of last month + this month's production - this month's sales. B) inventory at the beginning of last month + this month's production - this month's sales. C) inventory at the end of last month + last month's production - this month's sales. D) inventory at the beginning of last month + last month's production - last month's sales. E) inventory at the end of last month - this month's production + this month's sales.

Which of the following are generally well received by employees?

A) reneging B) buyout incentives C) downsizing D) layoffs