In a cellular layout, cells are designed to be operated bya few workers who perform a wider array of tasks than assembly-line workers.
Answer the following statement true (T) or false (F)
True
Unlike most assembly lines, in a cellular layout, cells are relatively small and are designed to be operated by a few workers who perform a wider array of tasks than assembly-line workers. See 17-2: What Do Operations Managers Do?
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Airlines overfill customers beyond their seating capacity in order to compensate for customers who cancel their booking. This technique is an illustration of which of the following yield management strategies?
A. overbooking B. adjusting prices to augment demand C. annualized hours strategy D. using different fare classes to partition demand
The United Nations Commission on International Trade Law drafted the Convention on Contracts for the International Sale of Goods to promote diversity in the law addressing international transactions
Indicate whether the statement is true or false
Given the following two-person game, what strategy should the players play?
Y1 Y2 X1 6 2 X2 -4 1 What will be an ideal response?
Match each of the following terms with the appropriate definitions.
A. A bank authorized to accept deposits of amounts payable to the federal government, including payroll taxes. B. A special bank account used solely for paying employees; each pay period an amount equal to the total employees' net pay is deposited and the employees' payroll checks are drawn on that account. C. A record for a pay period that shows the pay period dates, regular and overtime hours worked, gross pay, net pay and deductions. D. A seller's obligation to replace or correct a product or service that fails to perform as expected within a specified period. E. Total compensation earned by an employee. F. Obligations due within one year or the company's operating cycle, whichever is longer. G. A calculation of a company's risk of its ability to pay interest when due. H. Compensation provided to employees beyond salaries and wages, such as premiums for medical insurance and contributions to pension plans. I. Payments of income taxes that are deferred until future years because of temporary differences between GAAP and tax accounting rules. J. A written promise to pay a specified amount on a definite future date within one year or the company's operating cycle, whichever is longer.