A reason to buy component parts is

A. closer coordination between scheduling and production.
B. equipment obsolescence.
C. improved plant utilization.
D. the parts are a specialty of the supplier.


Answer: D

Business

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Violetta Inc manufactures plastic storage boxes. Management has determined that each medium-sized box has a standard materials cost of $1.20 when 4 pounds of raw material at a cost of $.30 per pound are used. The static budget for the month of March showed an estimated production of 15,000 boxes in March. During March, 17,000 boxes were actually produced. The actual cost for each box was $1.56

when 3.9 pounds of raw material at a cost of $.40 per pound were purchased and used. What should be the total direct materials cost according to Violetta's flexible budget for March? A) $20,400 B) $26,520 C) $18,000 D) $23,400

Business

What was a major difference between the classic bureaucracy and the emergent multi-divisional form (MDF)?

a. Rules were thrown out because they no longer worked b. Rules became outcomes oriented rather than process oriented c. Rules became process oriented rather than outcomes oriented d. None of the above

Business

Charlie was involved in an automobile accident and wants to file a lawsuit. However, he would like to know what judgment a jury is likely to reach before involving himself in an expensive trial

If Charlie has limited time and resources to decide whether to file a case, which of the following should he choose? A) private jury trial B) summary jury trial C) arbitration D) mediation

Business

The ability of a distribution center to pick available goods down to a single piece allows customers to buy in quantities that make sense for their business. This exemplifies the function of product

A. allocation. B. assortment. C. sortation. D. picking. E. accumulation.

Business