Which of the following is NOT one of the things a firm might do if available capacity is insufficient in the medium term?

a. hire more workers
b. ask employees to work overtime
c. use a subcontractor
d. reduce the quality of its output


d. reduce the quality of its output

Business

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The entry to record depreciation of the production equipment would be:

a. Debit - Depreciation Expense - Equipment Credit - Accumulated Depreciation - Equipment b. Debit - Depreciation Expense - Equipment Credit - Factory Overhead c. Debit - Factory Overhead Credit - Accumulated Depreciation - Equipment d. Debit - Work-in-Process Credit - Accumulated Depreciation - Equipment

Business

Phoenix Automated Retail Services specializes in DVD rentals via automated retail kiosks. If consumers want a particular DVD, they can rent it from Phoenix instead of searching for it in various production studios

Phoenix therefore provides__________for both consumers and the production studios. Fill in the blanks with correct word.

Business

The expenditure incurred by a company in connection with its initial public offer is called the _____.

A. shelf registration cost B. competitive spread C. initiation cost D. flotation cost E. bid spread

Business

Management wishes to use a POQ lot-sizing rule for an item that experiences an average demand of 30 units per week. If the desired average lot size is 120 units, what should P be?

A) zero or one weeks B) two or three weeks C) four or five weeks D) more than five weeks

Business