Best applied when setup or order costs are high

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Reference no: EM132305493

1. Is more information always better?

a. The more information one can obtain, the more one can improve their outcome.

b. The more information that is exchanged between the parties, the better the outcome for both sides.

c. Too much information can be detrimental to negotiation and is called the information-is-weakness effect.

d. It does make make a difference.

e. All of the above.

2. What is a frequent lesson learned by both men and women from their career experiences?

Recognizing and seizing opportunities

Understanding personal limits

Persevering through adversity

Handling political situations

3. Which of the following lot sizing rules is best applied when setup or order costs are high?

The fixed-order quantity rule

The lot-for-lot rule

The periodic-order quantity rule

The gross requirements rule

4. According to Archie Carroll, if a manager doesn’t subscribe to any ethical decision-making principles and acts in any situation to simply take personal advantage, he or she would be classified as a(n):

ombudsman manager

immoral manager

amoral manager

moral manager

opportunistic manager

5. True (T) or False (F). A pull process has higher capacity than a push process.

Reference no: EM132305493

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