Question: From an operations perspective, inventory represents a margin of safety to protect the business from unpredictable levels of demand Group of answer choices True False

From an operations perspective, inventory represents a margin of safety to protect the business from unpredictable levels of demand Group of answer choices True False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

A 0.40-m 3 insulated pistoncylinder device initially contains 1.3 kg of air at 30C. At this state, the piston is free to move. Now air at 500 kPa and 70C is allowed to enter the cylinder from a...

Spend analysis Stock-keeping unit (SKU) 10 Three-way match Utilization ty Images; @ monsity/ Getty Images Vendor master health care? iency? CHAPTER 17 applied, and what are the steps to fol-...

TQM will not give the right results unless the company drives out fear from its employees. Group of answer choices True False Flag question: Question 2 Question 2 1 pts The strongest link determines...

Please use this information to answer questions 1-14 below: Sally Savvy is the CEO of Savvy Software Inc., a U.S. based software developer. Sally routinely signs confidentiality/nondisclosure...

The primary objective of organizations is to _____________. Group of answer choices Create and capture value None of the answers are correct Produce goods or services Produce a profit for its...

1. Walmart Co. has in-store space that it continuously utilizes to make and sell carmeled popcorn. The only other possible use of that space would be to rent it to a discountoptometrist, $1.99...

1 S&OP is a process that companies use to keep demand and supply in balance. Group of answer choices True False 2. The S&OP process consists of a series of meetings. Group of answer choices True...

A just - in - time inventory system is designed to stretch accounts payable as long as possible. Group of answer choices True False Flag question: Question 2 Question 2 1 pts The goals of inventory...

1) Except for one of the below, there are four areas of SCADA controls in which further development is needed to improve its current state of the art. Group of answer choices Monitoring and detection...

Question 5 True or false (Part a-l) a) Pipeline stock is currently being moved from one location to another. Group of answer choices True False b)In US, the aggregate business inventory is...

1. Inventory days' supply (IDS) is calculated as Average total inventory / _____. Transportation cost Average sold inventory Total annual sales of goods Cost of goods sold per day 2 TekSupply Inc.,...

Write equations for the following reactions of Sanger's reagent: a. 2, 4-dinitrofluorobenzene + glycine b. Excess 2, 4-dinitrofluorobenzene + lysine

Determine the domain of the ff. table below. Function Domain y = tan x y = cot x y = 3 tan x y = -2 cot x y = (tan x) + 2

Disagreement among work groups, teams, and departments is known as Blank______ conflict. Multiple choice question. intergroup personality multicultural internal

Mackenzie is considering conducting her business, Mac561, as either a single-member LLC or an S corporation. Assume her marginal ordinary income tax rate is 37 percent, her marginal FICA rate on...

Consider a batch manufacturing process in which a machine processes jobs in batches of three units. The process starts only when there are three or more jobs in the buffer in front of the machine....

In 2021, Vale do Rio Doce Ltd. had a financial crisis that forced them to make drastic decisions to reduce their operating costs. Vale owned a machine that was important for generating income....

BHP Billiton and its partner Vale do Rio Doce (Vale) have a joint venture in Brazil called Samarco. Each company owns 50% of the mine (Samarco). Samarco was set up to explore for minerals in...

Hotel XYZ is an independent city centre hotel property with 200 rooms. In general its Average Daily rate is approximately 100 throughout the year, and its runs at an average of 65% occupancy. Its...

A manufacturing company has entered into a new contract with a major supplier of raw materials used in the manufacturing process. Under the new arrangement, called vendor managed inventory, the...

4. Develop circular models, with positive and negative feedback loops, for the following situations: (a) In a poor third-world country, the population increase has been very large in the last ten...

Annoyance about a statement that has been made by somebody

6. Develop a circular model, with positive and negative feedback loops, showing the relationships between the following critical variables: