A) statement that lists beginning balance, purchases and payments, and an ending balance B) the simple interest rate after including any fees imposed by the creditor C) the percentage of credit that must be paid as interest on an annual basis
7) simple interest
8) percentage rate
9) credit card statement
What will be an ideal response?
Answers: 7) C 8) B 9) A
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As potato harvest season approaches, the number of year-round llama wranglers is insufficient to meet the demand, so a few wranglers are hired just for the month it takes to haul the harvest down from the mountains to the anxious potato-festival crowd
This approach to meeting the labor requirements is called: A) a tiered workforce. B) offloading. C) labor management. D) yield management.
The sales and operations planning strategy to be used should be consistent with the business environment. Which one of the following pairs of business environment and strategy is consistent?
A) skilled labor in short supply; adjust workforce levels B) low inventory holding cost; build anticipation inventory C) ample labor supply; increase backlog for short-term demand surges D) seasonal requirements and ample, unskilled labor supply; subcontracting