Discussion and review questions 7. By definition economic order quantity (EOQ) is the order size that minimizes total annual cost So to respond to the criticism whish say that EOQ models tend to provide misleading results because values of D‚ S and H are at best educated guesses‚ we should explain that first of all the holding cost (H) instead to computed they are determined by management; that’s why the EOQ should be an approximate quantity. In addition as we saw in class that the total cost
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CHAPTER 1 REVIEW QUESTIONS 1. Define what is encompassed in the term information technology. Simply put‚ Information Technology (IT) is the use of computers and software to manage information. This is made up of "soft" and "hard" computer technology that we use every day to create‚ process/manipulate‚ store and retrieve information. 2. What are some of the ways that IT has become "pervasive"? IT has become "pervasive" because it is EVERYWHERE now. IT has changed the way we live
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ACCT5001 Sem 2‚ 2012 Solutions to Mid-Semester Quiz Practice Questions 1 SOLUTIONS TO MID-SEMESTER QUIZ SAMPLE QUESTIONS Multiple-Choice 1. b is not a primary objective of financial reporting. It may be part of an objective of internal controls instead. none will cause the trial balance not to balance‚ even though mistakes have occurred this is an internal allocation transaction that does not involve an external party (all the other transactions involve an external party) both accounts
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1.08 Review Questions 1. What are the differences between being a biological parent‚ an adoptive parent‚ and a foster parent? The differences between biological‚ adoptive‚ and foster parents are very simple. A biological parent shares DNA with their child‚ while adoptive and foster parents choose to take a child in and care for them. Just because adoptive and foster parents didn’t personally bring them into the world does not make them any less of a parent. 2. What financial needs are parents
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MATH3143 Combinatorics. Lecture Notes (2012)‚ Week 1 Chapter I: Permutations‚ combinations‚ occupancy problems. We start with some basic counting principles and examples. I.1. Two ways of counting the same finite set give the same answer. Example I.2. (Hand shaking lemma). The number of delegates at a conference who shake hands an odd number of times is even. Proof. Let D1 ‚ ...‚ Dn be the delegates‚ and let X = {(i‚ j) : Di and Dj shake hands}‚ and let k = |X|. We count k in two ways. First k
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Exam 1 Review Sheet (review 7-9 pm) Anthropology 101‚ Fall 2013 Lecture 1 (Intro/What is Anthro) Kottak ch. 1 (TWO QUESTIONS) – what anthropologist do‚ 4 fields‚ diversity Festival Formatting- (foods they eat‚ how they dress‚ religious beliefs etc) prove that you’re this or that‚ usually identifies that you are secular. Have an identity and display it‚ marketed in English to present yourself to a larger society with no class differences. If you represent mainstream you can’t be in a festival
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Review questions 08.06 How are fire scenes different than regular crime scenes for investigators? They are different than regular crime scenes because fire scenes have a different procedure. Plus‚ most fires scenes don’t require a search warrant. This is because it can take a long time to get a search warrant but with fire scenes it is crucial to get the evidence as soon as possible because causes of the fire‚ like petroleum‚ can evaporate within days‚ or even hours of the fire. Also‚ they need
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What’s Your Definition of Being Well-Educated? Alejandra Noemi Powell Personal Narrative Essay 1 English 101 Liberty Online University Abstract Alfie Kohn as well as Nel Noddings‚ a professor emerita at Stanford University‚ expresses their thoughts on how we as people have a misconception of “Well-educated people”. Many people have different opinions on what they think can categorize people as being well –educated. Based on my readings of “What Does it Mean to be Well-Educated” by Alfie
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Review questions – Exam 2 Management Strategy & Policy Chapter 6 1. Managerial Actions and initiatives taken in the strategy execution proce1 – p. ..117-118ss * Human capital: intangible assets such as skills‚ knowledge‚ and value required by the strategy. * Staffing the organization with people having the right skills and expertise * Information capital: intangible assets such as systems‚ database‚ and network that support the strategy. * Installing information and
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Question 1- Explain the process of communication. Answer 1- Two-way process of reaching mutual understanding‚ in which participants not only exchange (encode-decode) information‚ news‚ ideas and feelings but also create and share meaning. In general‚ communication is a means of connecting people or places. In business‚ it is a key function of management--an organization cannot operate without communication between levels‚ departments and employees A message or communication is sent by the
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