Management Information Systems
Average inventory level is reduced by

lowering the reorder point
increasing the usage rate
decreasing the order quantity
None of these
decreasing the vendor lead time

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Management Information Systems
As a general rule.

None of these
the firm's objective determine management information needs, and these needs determine MIS performance criteria
management information needs determine MIS performance criteria, and these criteria determine the firm's objectives
the firm's objectives determine MIS performance criteria, and these criteria determine manage¬ment information needs.
MIS performance criteria determine management information needs, and these needs determine the objectives of the firm.

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