A hand car wash facility was designed so that it could wash a maximum of 200 cars per day. In reality, the owners of the facility have discovered that an actual maximum throughput is 175 cars per day. If the car wash typically washes 120 cars per day, what is its capacity utilization (given as a percentage)?
a. 60%
b. 87.5%
c. 166.7%
d. 68.6%
d. 68.6%
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A compensation strategy emerges from the pay decisions that an organization makes.
Answer the following statement true (T) or false (F)
Lean concepts were used ______.
a. in 1776 by Adam Smith b. in the early 1900s by Henry Ford c. during the industrial revolution d. to help win World War II
In the context of business product categories, the marketing of component parts and processed materials emphasizes:
A. personal selling and efficiency. B. quantity and brand. C. product shelf life, customization, and quantity. D. product quality, price, and service.
Fernando obtains a consumer loan from Greater Regional Credit Union at an interest rate that exceeds the state's maximum. Greater Regional has
A. created a risk for the purpose of assuming it. B. engaged in a restraint of trade. C. violated a licensing statute. D. committed usury.