As service level increases, expected number of stockouts ________ and safety stock ________
A) increase, increases
B) decrease, decreases
C) decrease, increases
D) increase, decreases
Answer: C
Business
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Which ethical approach is illustrated by Option 1?
A. egoism B. utilitarianism C. relativism D. virtue ethics E. life-cycle analysis
Business
Which of the following are true?
A. A higher current ratio means more safety in the short term B. A high current ratio means you can’t go bankrupt C. Too high a current ratio means you may have too much invested in short-term assets, which may hurt your long-term profitability D. A higher current ratio is better
Business