Email and voicemail messages on companies systems

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Reference no: EM132305174

1. Which of the following statements about ABC analysis is false?

A. ABC analysis is based on the presumption that controlling the few most important items produces the vast majority of inventory savings.

B. In ABC analysis, "A" Items are tightly controlled, have accurate records, and receive regular review by major decision makers.

C. In ABC analysis, "C" Items have minimal records, periodic review, and simple controls.

D. ABC analysis is based on the presumption that all items must be tightly controlled to produce important cost savings.

E. In ABC analysis, "B" items are not as tightly controlled as "A" items.

2. Generally speaking, the contents of employees' email and voicemail messages on companies' systems are

A. private, protected communications.

B. protected and private if job-related.

C. protected and private only if they're directed to parties outside of the company.

D. not private, protected communications.

3. Product pooling is less effective with products whose demands are ________.

positively correlated

negatively correlated

uncorrelated

known in advance

4. Which of the following comparisons between the order-up-to model and the newsvendor model is TRUE?

The decision maker chooses the order-up-to level in the order-up-to model and the order quantity in the newsvendor model.

The newsvendor model should be applied when demand is uncertain and the order-up-to model should be applied when demand is constant.

Both models sell leftover inventory at a discounted price.

Both models allow the decision maker to order inventory many times.

5. As a predictor of job dissatisfaction, nothing surpasses

A. negative affectivity and negative self-evaluations.

B. pay and benefits.

C. the nature of the task itself.

D. relationships with coworkers.

6. For the newsvendor model, which of the following statement is TRUE regarding the optimal order quantity that maximizes expected profit?

It is a balance between the underage cost and overage cost.

It always is equal to the mean of the demand distribution.

It is a balance between the salvage value and the underage cost.

More should be ordered when the overage cost exceeds the underage cost.

Reference no: EM132305174

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