BUSN 4000 Lecture 1: Review of Simple & Multiple Regression - part 1

Consider a fixed-period system (FPS). Choose the most accurate statement regarding an FPS.

a. It orders a fixed quantity of items when the inventory position reaches or drops below the reorder point (r).

b. It orders sufficient stock at the time of review to bring the inventory position up to the replenishment level (M).

c. It maintains a constant order quantity in every review period.

d. It checks the inventory position on a continuous basis.

Which best describes the nature of cause and effect in the context of the business cycle?

A) Each effect has other effects.

B) Causes and effects cannot be easily defined.

C) A cause has multiple independent effects.

D) Each effect has a cause.

1. What do you understand about Anti Bribery & Corruption?

2.  Please provide at least 2 sign of Red Flags.