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Using the Strategic Profit Model (ROA), how does inventory reduction improve company ROA?
By increasing sales and reducing fixed costs
By reducing current assets as well as variable expenses
By reducing fixed expenses as well as current assets
None of the above
By reducing variable expenses and improving overall sales
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If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000?
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What are the major differences between aggregate planning in manufacturing and aggregate planning in services?
Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box.
A grocery shop that makes candles offers a scented candle, which can be produced at a rate of 36 boxes per day and used 12 boxes per day. Assume that demand is uniform throughout the year and the shop opens for 360 days. Setup cost is $80 for a run, ..
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