Predetermined time standards are advantageous since they avoid needing multiple perfor-mance ratings
Indicate whether the statement is true or false
T
You might also like to view...
When a parent brand covers a new product within a product category it currently serves, it is called a line extension
Indicate whether the statement is true or false
When projecting operating expenses it is important to determine the mix of fixed and variable costs, one clue suggesting the presence of fixed costs is
a. the percentage change in cost of goods sold in prior years is significantly greater than the percentage change in sales. b. the percentage change in cost of goods sold in prior years is significantly less than the percentage change in sales. c. low capital intensity in the production process. d. the percentage change in sales in prior years is significantly greater than the percentage change in receivables.
Customers demand muffalettas at the rate of 20 sandwiches per hour. Use the information in Table 5.4 to determine the cycle time that will meet this level of demand
A) 100 seconds B) 120 seconds C) 180 seconds D) 240 seconds
In order to estimate the average daily down time, a manufacturer randomly samples 40 days of production records and found a mean of 55.576 minutes and standard deviation of 77.9 minutes. An 80% confidence interval is:
a. 55.675 ± 1.28(12.32). b. 55.675 ± 1.304(12.32). c. 55.675 ± 1.28(77.9). d. 55.675 ± 1.304(77.9).