Define and describe a manufacturing information system (MFIS)
A manufacturing information system (MFIS) is used to manage manufacturing resources so that companies can reduce manufacturing costs, increase product quality, and make better inventory decisions. MFISs can perform many types of analysis with a high degree of timeliness and accuracy.
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A farm tractor costing $80,000 is depreciated using the MACRS method. The tractor qualifies as a 3-year property, has a scrap value of $20,000, and is depreciated at the following rates: Year 1, 33.33%; Year 2, 44.45%; Year 3, 14.81%; and Year 4, 7.41%. The amount of depreciation to be entered for the second year would be
a. $20,000. b. $26,670. c. $35,560. d. $44,450.
The Technology Acceptance Model predicts:
A. Whether a new system is needed? B. Whether the system will be adopted? C. Which type of smart phone will be more successful in the marketplace? D. When and how the system will be modified to induce acceptance?
Simon owns a property. He may not destroy its value to future holders. After his death, the property will pass to Rachel. Which of the following interests in real property does Rachel have?
A) life estate B) future interest C) conditional estate D) fee simple absolute
Business customers prefer to deal with producers through intermediaries and thus eliminate much of the burden of sorting out details.
Answer the following statement true (T) or false (F)