Which of the following is NOT a correct statement about bottleneck resources?
a. Work at all times to maximize throughput and resource utilization.
b. An hour lost is an hour lost for the entire process or factory output.
c. Use small order sizes.
d. Work-in-process buffer inventory is placed in front of workstations to maximize resource utilization.
C
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Tyson Manufacturing has the following information available for 2012: Direct materials $6.00 per unit Direct labor $2.00 per unit Variable manufacturing overhead $1.50 per unit Variable selling and administrative costs $3.00 per unit Fixed manufacturing overhead $40,000 Fixed selling and administrative costs $50,000 During 2012, Tyson produced 10,000 units out of which 9,100 units were sold for
$50 each. Refer to the information provided for Tyson Manufacturing. What is the net operating income under variable costing? A) $251,250 B) $254,850 C) $285,000 D) $291,250
A(n) ________ refers to the percent of people who visit a Web site and then immediately leave
A) bounce rate B) exit rate C) exchange rate D) conversion rate
If it takes a supplier 10 days to deliver an order once it has been placed and the standard deviation of daily demand is 14, what is the standard deviation of usage during lead time?
Fill in the blank(s) with the appropriate word(s).
In Microsoft Excel, the chart that displays the contributions of each value to the total by stacking the rectangles is called a ________
A) stacked bar chart B) stacked column chart C) stacked histogram D) stacked line chart