1. The order quantity (cycle stock) for a product is 1550 units. The firm also carries safety stock of 50 units. What is the average inventory for this product?
a. 425 units
b. 450 units
c. 825 units
d. 800 units
e. 850 units
2. CSF is an acronym for Critical Success Factor. It means:
A. A. The business element(s) that have the most effect on the financial viability of a business.
B. The amount of money the firm needs to get started.
C. A. The key relationships you need to have in order to get your business funded.
D. A. None of the above.
3. A five-year free-cash flow forecast is the best method for determining a new venture's financial viability.
True
False