1. Usage segmentation in health care has been applicable in situations in which:
A. physicians use their skills in many different geographic locations.
B. the efficacy of a pharmaceutical drug can be used in alternative ways.
C. use of alternative distribution channels can be viable for the distribution of the service.
D. None of these is correct.
2. Using data from your company’s warehouses, you fit an inventory turnover curve that is defined by the following function: I = 1.32 * D ^ 0.78; R-squared = 0.94. Which of the following statements is correct?
Inventories are equal to 1.32 times the demand volume of each warehouse.
An increase in inventories will result in a less-than-proportionate increase in demand.
On average, warehouses with lower demand volumes have lower inventory turns.
The R-squared value is statistically insignificant.
3. An increase in inventory holding costs per unit, all else equal, will result in which of the following?
Higher optimal order quantities and, thus, lower average inventories
Lower order placement costs
Lower customer demand
None of the above
4. Which of the following is a key difference between a generation and a cohort?
A. Cohorts are more fluid than generations which have a defined time period.
B. Generations tend to be older.
C. Events that shape a cohort stay with them even as they age.
D. Cohorts maintain their attitudes and values even as they age.