The time required for the line to produce one unit to achieve an output rate that allows a firm to meet its demand requirements is known as ______.

a. cycle time
b. flow time
c. idle time
d. balance efficiency


a. cycle time

Business

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Interest on a promissory note is recognized when the note is issued

Indicate whether the statement is true or false

Business

In the last paragraph of your cover letter, you should

A) give information about your college transcripts. B) give your qualifications. C) tell the potential employer that you will call them in seven-to-ten days. D) ask for a personal interview.

Business

The checklist of steps necessary for approving an invoice for recording and payment, also known as the check authorization, is the:

A. Invoice. B. Invoice approval. C. Purchase order. D. Receiving report. E. Purchase requisition.

Business

A parameter of the exponential smoothing model that provides the weight given to the most recent time series value in the calculation of the forecast value is known as the

A. mean squared error. B. mean absolute error. C. smoothing constant. D. exponential estimate.

Business