In the context of fixed-quantity systems, is defined as the on-hand quantity (OH) plus any orders placed but which have not arrived minus any backorders (BO). a. Work-in-process inventory b. The reorder point c. A stock-keeping unit d. Inventory position

You are a professor of economics at a university.? you've been offered the position of serving as department? head, which comes with an annual salary that is ? $5 comma 500 higher than your current salary.? however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your? family, which has value of ? $10 per hour.