Susan Is in Charge of the Inventory Reports for Her

question 35

Multiple Choice

Susan is in charge of the inventory reports for her company. She will need to find specific inventory items as well as project increases in inventory costs. To get ready she will create a worksheet and use the Microsoft Excel 2013 Analysis tools.
-Susan needs to use a lookup function to find an exact match of an inventory item,so she will set the range_lookup value to _______ .

• A)EXACT
• B)1
• C)TRUE
• D)FALSE

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Definitions:

Competitive Advantage

represents a company's ability to perform in a manner that allows it to outperform competitors, achieved through innovation, quality, service, or efficiency.

Effective Scheduling

The process of organizing, planning, and allocating resources in a way that optimizes the efficiency of operations and the use of time.

Johnson's Rule

Johnson's Rule is a heuristic method for minimizing the make-span of a set of jobs on two machines, based on sequencing the jobs by shortest processing time across the machines in specific order.

Strategic Importance

The significance of an action, decision, or function in achieving long-term goals and maintaining a competitive advantage.