You and Your Roommate Are Both Taking Spanish This Semester

question 120

Multiple Choice

You and your roommate are both taking Spanish this semester. You are getting an "A" in the course but your roommate is getting a "C." According to research by Harry Bahrick, fifty years from now

• A) you will remember your Spanish vocabulary better than your roommate.
• B) neither you nor your roommate will remember any Spanish words at all.
• C) your roommate will remember more Spanish vocabulary than you will.
• D) you and your roommate will both remember a few Spanish words.

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Definitions:

Just-in-time

A production strategy that aims to reduce in-process inventory and associated carrying costs by producing goods only as they are needed in the production process.

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, and spoilage costs.

Shortage Costs

Costs incurred by a business when the demand for its products exceeds its supply, often leading to lost sales and customer dissatisfaction.

Short-term Financial Policy

Guidelines or strategies focused on managing a company's current assets and liabilities to ensure short-term operational needs are met.