Fixed order quantity lot size has a variable order size based on lead time

Indicate whether the statement is true or false


False

Business

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If the contribution margin on a new product line is $15, fixed costs are $165,000, and the total market for the product is 22,000 units, then the breakeven analysis would recommend that the company

A) abandon the new product line. B) decrease the sales price per unit. C) increase fixed costs (such as advertising) to lower the breakeven units. D) adopt the new product line.

Business

Raptor Company is considering replacing equipment which originally cost $500,000 and which has $460,000 accumulated depreciation to date. A new machine will cost $790,000 and the old equipment can be sold for $8,000. What is the sunk cost in this situation?

A) $53,000 B) $40,000 C) $37,000 D) $290,000

Business

The Railway Labor Act of 1926 applies to all of the following except:

A. Workers in the railway industry. B. Workers in the private airline industry. C. Workers in the trucking industry. D. Workers in the commercial airline industry.

Business

Answer the following statement(s) true (T) or false (F)

1. The change agent is a person who is responsible for leading an organizational change or someone who is influential and can communicate and motivate others to accept a change by informal means. 2. Process management is a systematic process of applying the knowledge, tools, and resources needed to effect change in transforming an organization from its current state to some future desired state as defined by its vision. 3. Organizational climate is an organization’s collective values, beliefs, experiences, and norms that shape the behavior of the group and the individuals within it. 4. A force field analysis is a useful technique for looking at only the advantages of a proposed change.

Business