Which of the following is an example of risk retention?
A)
Not driving an automobile to avoid having an accident
B)
Wearing a safety belt when driving
C)
Purchasing auto insurance
D)
Having a $200 deductible clause on your auto insurance policy
D
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Gibson Valves produces cast bronze valves on an assembly line. If 1600 valves are produced in an 8-hour shift, the productivity of the line is:
A) 2 valves/hr. B) 40 valves/hr. C) 80 valves/hr. D) 200 valves/hr. E) 1600 valves/hr.
Sketch a network and use it as an example as you discuss the four different logical relationships between activities
What will be an ideal response?
The setup cost to make a carpet is $20 per setup. The holding cost is $2.00 per yard per year, and the annual demand is 12,000 yards. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. Given this information, what is total annual carrying cost?
a. $600 b. $500 c. $400 d. $300
As a general rule, a promise must be supported by consideration. Describe any two exceptions to this rule