Question

QUESTION 9

"Microsoft Excel ____ provide a visual representation of quantitative information, giving the viewer an overall picture of a set of data."

		charts
		spreadsheets
		tables
		worksheets

QUESTION 10

Information systems can give a business a competitive advantage by

		Decreasing costs and improving efficiency
		Improving quality and customer service
		Providing more features that customers want than competitors offer
		All of the above

QUESTION 11

Consider the market for portable air conditioners in equilibrium. When a heat wave strikes the equilibrium price

		and quantity both decrease.
		and quantity both increase.
		"increases, and the equilibrium quantity decreases."
		"decreases, and the equilibrium quantity increases."

QUESTION 12

"In a typical inventory reordering scenario, if the lead time for delivery of the item increases, the __________ will need to be increased if stockout risk is to remain unchanged."

		safety stock
		order quantity
		ordering cost
		backorder cost

Answer 1

9. The correct option is charts

10. The correct option is Improving quality and customer service

11. The correct option is and quantity both increase.

12. The correct option is safety stock