Describe the difference in a pull and a push production system


A pull system uses customer demand as the primary driver for production planning while a push system pushes products to the marketplace to maximize the use of production resources.

Business

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The cutoff assertion relates to whether transactions and events have been recorded in the correct accounting period.

Answer the following statement true (T) or false (F)

Business

Which of the following indicates physical distribution of goods from one location to another?

A) procurement B) logistics C) segmentation D) inventory management

Business

The air mode of transportation is ideal when ______.

A. the delivery speed or reliability is critical B. the goods to be transported have a low value-to-weight ratio C. the quantity of goods to be transported is high D. the goods to be transported are hazardous in nature

Business

An agent is always liable for his or her own torts committed within the scope of the agency relationship

a. True b. False Indicate whether the statement is true or false

Business