Materials requirements planning (MRP) .a. reduces the uncertainty about when materials are needed, thereby reducing the need to carry large levels of inventory b. is able to compute exactly the cost of purchasing by taking into account all costs associated with inventory carrying. c. requires vendors to deliver inventory to the production site exactly when needed and in the correct quantities d. None of the above is correct

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.