In a two-resource sequencing problem:
a. the makespan is the same for any sequence of jobs.
b. flow time is maximized.
c. the goal is to minimize makespan.
d. each job can be processed by either resource first.
C
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The "strength-is-weakness" dynamic in coalitions states that
A. the weakest members may hold power in the coalition. B. All of these describe the strength-is-weakness dynamic. C. coalition founders will go to those who are the weakest for support. D. the weakest members will demand the least payoff from joining the coalition.
A business borrowed $40,000 on March 1 of the current year by signing a 30-day, 9% interest bearing note. When the note is paid on March 31, the entry to record the payment should include a
A) debit to Interest Payable $300 B) debit to Interest Expense $300 C) credit to Cash for $40,000 D) credit to Cash for $43,600
A joint venture is a separate entity that involves a partnership between two or more active participants.
Answer the following statement true (T) or false (F)
The Menswear Department of Major's Department Store had sales of $188,000, cost of goods sold of $132,500, indirect expenses of $13,250, and direct expenses of $27,500 for the current period. The Menswear Department's contribution to overhead as a percent of sales is:
A. 14.9%. B. 66.7%. C. 7.8%. D. 29.5%. E. 85.4%.