Which of the following is an approach a company can use to create a buffer for forecast error using safety inventory?

A) Overtime
B) Carry extra workforce permanently
C) Build and carry extra inventories
D) Subcontracting

Answer: A

Business

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Companies do not plan to use safety stock

Indicate whether the statement is true or false.

Business

The number -2 in the X2 column and X1 row of a simplex tableau implies that

A) if 1 unit of X2 is added to the solution, X1 will decrease by 2. B) if 1 unit of X1 is added to the solution, X2 will decrease by 2. C) if 1 unit of X2 is added to the solution, X1 will increase by 2. D) if 1 unit of X1 is added to the solution, X2 will increase by 2. E) None of the above

Business