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Case-Based Critical Thinking Questions Case 1 Hannah Has Been Hired

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Case-Based Critical Thinking Questions Case 1 Hannah has been hired as a graphics consultant to help out a company that is struggling with PowerPoint 2010. They are looking for ways to improve their graphics but maintain a professional appearance to their slide show. The next slide has three gray arrows pointing to the right. To evenly space the three arrows vertically and relative to each other, Hannah selects the three arrows, and then applies the ____ command.


Definitions:

Precautionary Balances

Cash balances held in reserve for random, unforeseen fluctuations in cash inflows and outflows.

EOQ Model

Economic Order Quantity, an inventory management model that determines the optimal order quantity to minimize total inventory costs, including holding and ordering costs.

Safety Stock

A level of extra inventory maintained to mitigate the risk of stockouts caused by variations in supply and demand.

DSO

Days Sales Outstanding; a measure of the average number of days that a company takes to collect revenue after a sale has been made.

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