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NEW QUESTION: 1
A company is transitioning from a make-to-stock production environment to a finish-toorder production environment. Which of the following outcomes is most likely to occur as a result of the transition?
A. Planning or phantom bills of material will be created.
B. Forecasts will become more detailed.
C. Less training will be required in the distribution centers.
D. Inventory levels will be increased.
Answer: A

NEW QUESTION: 2
Mary Rolle and Betty Sims are portfolio managers for RS Global Investments, located in Toronto, Canada.
RS specializes in seeking undervalued stocks and bonds throughout the North American, Asian, and European markets. RS has clients throughout North America, however, the majority are Canadian institutional investors. RS has traditionally managed currency risk in their portfolios by assigning it to their portfolio managers. The manager is allowed discretion for hedging currency risk within the confines of the investor's investment policy statement.
Rolle and Sims are currently deciding whether to hedge the currency risk of a portfolio of Japanese stocks.
Rolle explores the possibility of using three different currency hedges. Each is an option contract on the yen-Canadian dollar exchange rate.

RS has a portfolio of European stocks and would like to change its equity risk. They can enter into futures contracts on the Eurostoxx index of large European stocks. The information below provides the characteristics of the futures contract and the portfolio.
Portfolio value in euros 2,000,000
Desired beta value 1.80
Current portfolio beta 0.60
Beta of futures contract 1.02
Value of one futures contract in euros 110,000
RS is also invested in British and Argentine stocks. RS has taken a position in two main sectors of the British economy. The first sector consists of manufacturers who derive a great deal of their business from exporting to the United States and Canada. The other sector consists of British service firms who are largely immune from international competition, because most of their business is localized and cannot be provided by foreign firms. The main investment in the Argentine stocks consists of firms who provide cellular phone service to Argentine consumers. Rolle and Sims discuss which currency positions RS should hedge.
RS occasionally invests in mortgage-backed securities sold in the United States. The growth in these securities has increased tremendously over the past three decades as firms have used securitization to remove the risk of these securities from their balance sheet. RS holds a mortgage security issued by CWC International. This mortgage security has a coupon rate higher than newly issued mortgage securities.
Sims discusses the return for this security when hedged with a short position in Treasury bond futures.
Rolle and Sims further discuss how to hedge the risk of mortgage securities. Rolle states that two Treasury bond futures contracts are typically used instead of just one. Sims states that a hedge becomes more important if the volatility of interest rates increases.
Regarding the currency hedge of the British and Argentine stocks, which of the following would RS least likely hedge?
A. The British service firms.
B. The Argentine cellular phone firms.
C. The British manufacturers.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
RS would be least likely to hedge the currency risk of the British manufacturers. The currency hedging decision should consider the correlation between the asset and the currency. In developed markets, there is often a negative correlation between the currency and the equity. The reasoning is that when the currency depreciates, the foreign firm's exports are more competitive on international markets. Such a scenario is most likely for the developed market manufacturing firm here who ex-ports. Because emerging market currencies are volatile, the Argentine cellular phone firm position would be more likely hedged than the British manufacturer position. (Study Session 8, LOS 28.c)

NEW QUESTION: 3
HOTSPOT


Answer:
Explanation:

References:
https://docs.microsoft.com/en-us/azure/storage/storage-dotnet-shared-access-signature-part-1
https://docs.microsoft.com/en-us/azure/storage/storage-manage-access-to-resources

NEW QUESTION: 4
A technician has completed a replacement of the customer's 1Gbps FC switches with new 4Gbps FC switches. All HBAs in the servers and storage arrays were also upgraded. To save money, the customer installed into the original cable plant. After all zoning changes were completed, and devices were brought online, the servers are not able to connect properly to the storage arrays. Which of the following is the MOST likely problem?
A. The cable plant is not up to specification for the 4Gbps data rates.
B. Zoning needs to be changed for the new switch Domain IDs.
C. The servers are not running the correct operating system to use 4Gbps.
D. The storage arrays do not support the new adapter firmware.
Answer: A