Answer the following statement(s) true (T) or false (F)
1. A factory’s capacity is the maximum number of units that it can produce in a set period of time.
2. Significant changes to capacity can be achieved in the short term.
3. Airlines often practice capacity sharing through the use of code-sharing of flights.
4. Increasing facility capacity can drive and improve a company’s economies of scale.
1. True
2. False
3. True
4. True
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Meta Inc pays $18,000 to buy stock in another company and an additional $350 in commissions. Three months later, Meta sells the stock for $19,000 . At the time of sale, Meta will recognize a:
a. A $650 loss b. A $1,000 gain c. A $350 loss d. A $650 gain
What are the three categories of processing control?
Many indirect costs in a traditional system become direct costs in a JIT system
Indicate whether the statement is true or false
Which of the following is not considered a core driver of the information age?
A. Variables B. Knowledge C. Information D. Business Intelligence