An advantage of a production line process is:
A) the volume of output needed to justify the investment.
B) the degree of flexibility of the process.
C) the per unit cost of items produced on the line.
D) the range of output typically produced on such a process.
Answer: C
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When communicating benefits programs to employees, it is a good idea to use
A. technical legal language to avoid subsequent liability. B. one uniform method to communicate to all employees. C. multiple media techniques. D. graphics and presentation software to conceal unpleasant news.
Prior-year data is required for government-wide financial statements.
Answer the following statement true (T) or false (F)
A simple listing of expected cash inflows and outflows provides the entrepreneur with a(n)
A. income statement. B. cash budget. C. pro forma balance sheet. D. net equity computation.
A firm has found that it provides a 90 percent order fill rate (orders shipped complete), 90 percent on-time delivery, 90 percent of its orders arrive at customers' destinations in perfect condition, and 90 percent of the time all documentation is correct. These are all of the elements of a perfect order for this company's customers. If the firm improves its performance in on-time delivery to 98 percent, what is its new perfect order performance?
A. 88 percent B. 98 percent C. 0 percent D. 80 percent E. 71.4 percent