Refer to Hyundai. A worker noticed that the Hyundai Sonata and XG 350 sedans had identically sized spare tires but different sized spare tire covers. Using the same spare tire cover for both cars saves Hyundai $100,000 a year and increased the company’s productivity by ____.
a. decreasing confusion
b. getting the same output fo fewer input
c. increasing inventory of only one item
d. decreasing variation
Ans: b. getting the same output fo fewer input
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What retailer, in 2013, suffered a massive security breach that allowed hackers to steal credit and debit card information for millions of customers?
A. JCPenney B. Target C. Macy's D. Kmart E. Sears
For Platinum Nugget Hotel in Las Vegas, Saturday is the best day of the week for business. The gambling take for the hotel on Saturdays over the past four weeks was:
Week $Take 1. $250,000 2. $190,000 3. $300,000 4. $280,000 Platinum Nugget uses a three-period weighted moving average to forecast demand, with a t = 0.6, at?1 = 0.3, and at?2 = 0.1. What is the forecast for week 5? A. $232,000 B. $237,000 C. $277,000 D. $295,000
An automobile manufacturer just received some unworked sheet metal from the supplier. This should be accounted on the inventory as ______.
a. work in process b. raw materials c. finished good d. in-transit goods
Value is determined by the perceived benefits a good or service provides to a(n)
A. manufacturer. B. buyer. C. investor. D. retailer.