One tool to visually identify and pinpoint waste is ______.
a. a value stream map
b. a histogram
c. a process map
d. a Pareto chart
a. a value stream map
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Three Mexican retailers Famso, Grupo Gigante SA, and Grupo Comercial Chedraui SA have opened stores in the United States. This is an indication of:
A) U.S. retailers were lagging behind in collecting demographic information. B) the Mexican retailers provide better products than American stores. C) the Hispanic American segments represent a great opportunity for marketers. D) American businesses cannot compete with Mexican retailers. E) the Mexican retailers would like to compete with businesses like Best Buy and Circuit City.
An individual department that is contributing direct operating margin but shows a net loss when reported under a format of allocating all expenses (direct and indirect) to each department should be considered for closure
Indicate whether the statement is true or false
Aurora Corporation produces outdoor security lighting products. All products go through three processes before completion. Use the expected overhead costs and related data shown below to compute departmental overhead rates based on machine hours in Department A1A; based on direct labor hours in Department B2B; and machine hours in Department C3C. Department A1ADepartment B2BDepartment C3CDirect labor hours 90,000DLH 80,000DLH 72,000DLHMachine hours 54,000MH 32,000MH 54,000MHManufacturing overhead costs$540,000 $160,000 $216,000
A. Dept. A: $10 per MH; Dept B: $5 per DLH; Dept C: $4 per MH. B. Dept. A: $10 per MH; Dept B: $2 per DLH; Dept C: $3 per MH. C. Dept. A: $10 per MH; Dept B: $2 per DLH; Dept C: $4 per MH. D. Dept. A: $6 per MH; Dept B: $5 per DLH; Dept C: $4 per MH. E. Dept. A: $6 per MH; Dept B: $5 per DLH; Dept C: $3 per MH.
Which section of a proposal typically identifies the problem and discusses the goals or purposes of the project?
A) Background B) Staffing C) Budget D) Authorization Request