Consider a work center with a demand rate of 50 parts per hour and using a container that can hold 12 parts. It is estimated that the container takes 1 hour to cycle through the work cell. Assume a safety stock level of 10 percent. What is the value of K for this system?
a. 2
b. 4
c. 5
d. Cannot be determined from the information given
c. 5
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Which of the following is not a base against which profits are measured?
a. Owners' equity b. Owners' and creditors' funds provided c. Intangibles d. Revenues e. Productive assets
When using an EPS-EBIT chart to evaluate a pure debt financing and pure equity financing plan,
A) the debt financing plan line will have a lower level of EBIT at EPS = 0. B) the line of the two financing plans will intersect on the EBIT axis. C) the debt financing plan line will graph with a steeper slope than the equity financing plan line. D) the slope of the equity financing plan line will be steeper than the debt financing plan line below the intersection of the two lines.
The Civil Rights Act of 1964, a federal statute, forbids discrimination on the basis of national origin in employment. The Equal Employment Opportunity Commission (EEOC) is the administrative agency that oversees the law. The EEOC issued Guidelines on Discrimination because of National Origin. According to one of the guidelines, the EEOC will presume a violation of the law if an employer sets a work requirement that employees must speak only English in the workplace. This is an interpretive rule because it interprets the Civil Rights Act.
Answer the following statement true (T) or false (F)
Under the Secured Transactions Article of the UCC, for which of the following types of collateral must a financing statement be filed in order to perfect a purchase money security interest?
A. Stock certificates. B. Promissory notes. C. Personal jewelry. D. Inventory.