The analyst must assume that errors in the data will not occur

The goal of managing working capital, such as inventory, should be to minimize the:

A) costs of carrying inventory B) amount of spoilage or pilferage C) opportunity cost of capital D) aggregate of carrying and shortage costs

What are the three types of actions normally planned after objectives have been established?

A) Strategic, divisional, and departmental B) Strategic, tactical, and operational C) Operational, departmental, and executive D) Departmental, strategic, and mid-level