In "field warehousing" the inventory is kept by the:
A) lending institution
B) independent warehousing company
C) borrowing firm
D) jointly by the firm and the lender
Ans: B) independent warehousing company
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Which one of the following is a working capital decision?
a. How should the firm raise additional capital to fund its expansion? b. What debt-equity ratio is best suited to the firm? c. What is the cost of debt financing? d. should the firm borrow money for five or for ten years? e. How much cash should the firm keep in reserve?
Which of the following statements regarding Wheeled Coach is FALSE?
A) Wheeled Coach has found competitive advantage through MRP. B) Wheeled Coach builds ambulances in a repetitive process. C) Wheeled Coach's MRP system allowed the company to meet tight schedules, but caused inventory to rise. D) Wheeled Coach's MRP system maintains excellent record integrity. E) Low inventory and high quality are two positive outcomes of Wheeled Coach's use of MRP.