Which of the following is true of the price-fixing clause?
A. It is a provision forbidding a licensee from competing with the licensor.
B. It specifies only the minimum prices.
C. It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor.
D. It requires a licensee to sell products at a price specified by the licensor.
D
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A forecaster that uses a holdout set approach as a final test for forecast accuracy typically uses:
A) the entire data set available to develop the forecast. B) the older observations in the data set to develop the forecast and more recent to check accuracy. C) the newer observations in the data set to develop the forecast and older observations to check accuracy. D) every other observation to develop the forecast and the remaining observations to check the accuracy.
What is the difference between a chase strategy and a level strategy in sales and operations planning?
What will be an ideal response?