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NEW QUESTION: 1
A. Option A
B. Option D
C. Option C
D. Option B
Answer: D
NEW QUESTION: 2
A recent spate of launching and operating mishaps with television satellites led to a corresponding surge in claims against companies underwriting satellite insurance. As a result, insurance premiums shot up, making satellites more expensive to launch and operate. This, in turn, has added to the pressure to squeeze more performance out of currently operating satellites.
Which of the following, if true, taken together with the information above, best supports the conclusion that the cost of television satellites will continue to increase?
A. Since many satellites are built by unwieldy international consortia, inefficiencies are inevitable.
B. Most satellites are produced in such small numbers that no economies of scale can be realized.
C. When satellites reach orbit and then fail, the causes of failure are generally impossible to pinpoint with confidence.
D. The greater the performance demands placed on satellites, the more frequently those satellites break down.
E. Since the risk to insurers of satellites is spread over relatively few units, insurance premiums are necessarily very high.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
The bullwhip, or whiplash, effect on inventories begins when retailers face uncertain demand from consumers caused by randomness in buying habits. It can be avoided by:
A. Changes in price that may encourage purchases in anticipation of future increases.
B. The need to purchase or manufacture goods in cost-efficient batches.
C. Sharing of information and coordination among the organizations in the supply chain.
D. Shortages that may lead to rationing by suppliers or manufacturers and hoarding by manufacturers or retailers.
Answer: C
Explanation:
Sharing information about sales, inventory, pricing, advertising campaigns, and sales forecasts by all functions and organizations in the supply chain moderates demand uncertainty for all parties. The desired results are a) minimization of inventories held by suppliers, manufacturers, and retailers; b) avoidance of stackouts; c) fewer rush orders; and d) production as needed by retailers.
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