Table 15.4 Bowring Ball Bearings Has 10 Different Items in Its Inventory

question 178

Multiple Choice

Table 15.4
Bowring Ball Bearings has 10 different items in its inventory. The average number of units held in inventory and the average unit cost are listed for each item. The firm uses an ABC system of inventory control
-Inventory items that belong in the C category include ________. (See Table 15.4)

• A) Items 4 and 6
• B) Items 1, 6, and 7
• C) Items 1, 3, and 9
• D) Items 1 and 7

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Definitions:

Mere Exposure Effect

A psychological phenomenon where repeated exposure to a stimulus increases a person’s preference for it.

Attitudes

A person's enduring positive or negative evaluation of an object, person, event, or idea.

Attitude Polarization

The phenomenon when a disagreement becomes more extreme as the differing parties consider evidence for their perspectives.

Cognitive Dissonance

An internal conflict caused by simultaneous, incompatible beliefs and attitudes.