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Tems11 [23]
3 years ago
7

When there is probabilistic demand in a multiperiod model, the inventory level will not decrease smoothly and can fall below.

Business
1 answer:
jok3333 [9.3K]3 years ago
4 0

Answer:

b. True

Explanation:

The probablistic inventory model include demand and supply variation, it is based on the assumption that the average demand for inventory is constant over period of time. Two method are used based on frequency of order for procuring stocks:

  • Single period inventory system.
  • Multi period inventory system.

Single period inventory system are applicable for single used product or perishable goods. Here cost are analysed to avoid loss of ordering extra unit of inventory.

Multi period inventory system are applicable for orders or items which can be ordered multi time during production cycle.

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Answer:

Studies show that OSHA employees fail to properly inspect and regulate many workplaces, primarily because they do not have __________.

sufficient resources.

Explanation:

OSHA means Occupational Safety and Health Act.  The law was passed in 1970 to protect workers rights to safe working environments and to promote good health of workers.  OSHA employees are expected to properly inspect and regulate all workplaces.  But lack of resources (human, material, and financial) have hindered the attainment of the objectives of the law.  The OSHA employees have also faced challenges from employers who would rather not comply with workplace safety regulations.

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Answer:

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The total cost of acquisition is what will be recorded as the book value.

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