The customer's perspective governs whether an activity adds value to a product or service
Indicate whether the statement is true or false
True
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Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $250,000; the partnership assumes responsibility for a $75,000 note secured by a mortgage on the property. Monroe invests $100,000 in cash and equipment that has a market value of $55,000. For the partnership, the amounts recorded for the building and for Fontaine's Capital account are:
A. Building $250,000; Fontaine, Capital $175,000. B. Building $250,000; Fontaine, Capital $75,000. C. Building $175,000; Fontaine, Capital $75,000. D. Building $175,000; Fontaine, Capital $175,000. E. Building $250,000; Fontaine, Capital $250,000.
The sum of all task times in producing a product is 72 minutes. If the cycle time is 72 minutes, then the number of workstations required is ______.
a. one b. two c. three d. four
A forklift has a mean time between failures of 193 hours and mean time to repair of 20 hours. In this case, the availability is ______.
a. 90.6% b. 62.3% c. 81.7% d. 97.8%
Inventory holding costs would include which of the following?
A) Transportation cost B) Buyer time C) Obsolescence cost D) Receiving cost