Compared to a public warehouse, a private warehouse
A. offers less managerial control.
B. lacks convenience for the product line.
C. has less flexibility.
D. has lower unit costs even if volume is low.
E. requires no fixed investment.
Answer: C
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Which of the following is an advantage of a partnership when compared to a corporation?
A) The partnership is more likely have a net income. B) The partnership is relatively inexpensive to organize. C) The partnership involves fewer people to operate. D) The partnership usually hires professional managers.
A test to determine merchantability based on unfamiliar objects found in food is known as the ________
A) foreign substance test B) consumer expectation test C) contamination test D) contagion test
The number of kanbans in a production system is inversely related to the ________
Fill in the blank(s) with the appropriate word(s).
Engineers from what company developed Six Sigma in the 1980s?
A. Intel B. General Motors C. Motorola D. General Electric