How are facility locations determined?
What will be an ideal response?
The facility location must be determined based on the classification of the operations system and the organization’s product mix, layout requirements, and capacity planning. Major factors that are considered when making the location decision include cost; proximity to inputs, customers, and/or competitors; availability of transportation; access to human resources; and number of facilities.
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When preparing a background design for slides,
A) use unique text and graphical elements. B) be sure the background is not distracting. C) include the essential content of the slide. D) include all functional artwork. E) include only decorative artwork.
Since interest revenue, interest expense, and dividend revenue are reported on the income statement, they are also considered cash flow from operating activities
a. True b. False Indicate whether the statement is true or false
A bank with transaction deposits totaling $45 million had reserves equal to $0.98 million. The reserve requirement for this bank is _____ percent. (Hint: use the cutoff amounts as per the reserve requirements for the year 2013)
A. 10 B. 8 C. 3 D. 2
An out-of-court settlement in exchange for dropping a lawsuit is an example of consideration
Indicate whether the statement is true or false