Which of the following characteristics of a good process layout is FALSE?

a. It minimizes material handling.
b. It minimizes transportation costs.
c. It minimizes customer waiting time.
d. It maximizes employee waiting time.


d. It maximizes employee waiting time.

Business

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A statistical technique for examining the differences among means for two or more populations is called ________

A) chi-square B) analysis of variance (ANOVA) C) cross-tabulation D) independent samples t test

Business

Clark International produces designer watches. Each watch requires materials worth $14.50 and three direct labor hours. The company pays its production supervisor a salary of $500 per week. Hourly wage rate at Clark is $5. If 25 watches are produced in a week, what is the fixed cost per watch?

A) $14.50 B) $5.00 C) $20.00 D) $34.50

Business

In the title search, an attorney examines the public records to determine if others have enforceable claims against the property

Indicate whether the statement is true or false.

Business

The Federal Emergency Management Agency (FEMA) discovers that Goodnuff Trailers, Inc, is violating a FEMA regulation. If this situation is resolved like most such disputes, the outcome will be

a. a negotiated settlement. b. a trial and a fine. c. a trial and an appeal to a higher authority. d. a trial and the dissolution of the business.

Business