Answer the following statement(s) true (T) or false (F)
1. A firm’s supply base is the list of suppliers that the firm is currently using.
2. An RFQ is typically not binding.
3. TCO is a relatively common approach used to compare competing price quotes.
4. The buy option will typically have a lower fixed cost than the make option.
1. True
2. True
3. True
4. True
You might also like to view...
With regard to a news release, embargo means
A) "to publish or release immediately." B) "to withhold or delay publication." C) "to contact the sender for additional information."
Flannery Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases
Activities Allocated Costs Allocation Base Account inquiry (hours) $79,000 2,700 hours Account billing (lines) $45,000 16,000 lines Account verification (accounts) $16,000 20,000 accounts Correspondence (letters) $12,000 1,000 letters The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) 180 hours 200 hours Account billing (lines) 10,000 lines 9,000 lines Account verification (accounts) 1,600 accounts 650 accounts Correspondence (letters) 60 letters 150 letters What is the cost per letter for the correspondence activity? (Round your answer to the nearest cent.) A) $12.00 B) $45.00 C) $4.44 D) $0.80
Sarah invests $2700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance in her account five years from today. Identify the correct keystrokes to be used in a financial calculator to determine the total balance.?
A. ?N = 6, I/Y = 5, PV = 2,700 B. ?N = 5, I/Y = 6%, PV = -2,700 C. ?N = 5, I/Y = 6%, PV = 2,700 D. ?N = 5, I/Y = 6, PV = 2,700 E. ?N = 5, I/Y = 6, PV = -2,700
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 52 hours for the first widget. Acme estimates it has a 95% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 132th widget.
a. 36.24 hours b. 34.51 hours c. 29.52 hours d. 35.94 hours