Which of the following is not a priority rule used to schedule the sequence of jobs in a production operation?
A. First-come, first-served
B. Critical ratio
C. Slack-time-remaining per operation
D. Last-in, first-out
E. Shortest operating time
Answer: D
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Which of the following are the correct formulas to calculate the change in accounts receivable, inventories, accounts payable, and other current liabilities for cells B8, B9, B10, and B11, respectively?
a) =C2-B2, =C3-B3, =C5-B5,and =C6-B6
b) =C2-B2, =B3-C3, =B5-C5,and =C6-B6
c) =B2-C2, =B3-C3, =B5-C5,and =B6-C6
d) =C2-B2, =C3-B3, =B5-C5,and =B6-C6
e) =B2-C2, =C3-B3, =C5-B5,and =B6-C6
The purchase of a good with high perceived risk is likely to involve what type of consumer decision making?
a. extended decision making b. routine decision making c. limited decision making d. brand loyalty
Customer arrival refers to
A) the point in time when the customer has access to choices and makes a decision regarding a purchase. B) the customer informing the retailer of what they want to purchase and the retailer allocating product to the customer. C) the process where product is prepared and sent to the customer. D) the process where the customer receives the product and takes ownership.
A one-price policy means
A. offering the same price to customers, but the price depends on the store that is selling the product. B. offering the same price on all products irrespective of the manufacturing, designing, and marketing costs. C. offering the same price to distributors, retailers, and customers. D. offering the same price to all customers who purchase products under the same conditions and in the same quantities. E. equating price with the per-unit cost of production.