Railroads are best for carrying coal, iron ore, grain, and lumber over long distances

Indicate whether the statement is true or false


TRUE

Business

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A hybrid consists of unequal parts of goods and services, with services being in the majority

Indicate whether the statement is true or false

Business

A radial tire manufacturer produces products in two departments—Divisions A and B. The company uses separate predetermined overhead allocation rates for each department to allocate its overhead. Divisions A and B have estimated manufacturing overhead costs of $150,000 and $350,000, respectively. Division A uses machine hours as the allocation base, and Division B uses direct labor hours as the allocation base. The total estimated machine hours were 31,000, and direct labor hours were 20,000 for the year.

Calculate the departmental predetermined overhead allocation rates. (Round your answer to the nearest cent.) A) Division A—$4.84, Division B—$17.50 B) Division A—$17.50, Division B—$4.84 C) Division A—$7.50, Division B—$11.29 D) Division A—$11.29, Division B—$7.50

Business

The set of decisions made within the operations function to support the overall mission and strategy of the firm are referred to as?

a. Strategic plans b. Vision statements c. Operations strategies d. Operations initiatives

Business

The retrospective facilitator should be able to deliver bad news to the project sponsor or senior management without recriminations.

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

Business