A limit on the number of available work hours in a manufacturing facility is an example of a problem constraint.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1) A receivable occurs when a business sells goods or services to another party on account. 2) Each receivable transaction involves two parties - the one who takes on the obligation and the one who will collect the cash. 3) A receivable is a monetary claim against a business or an individual. 4) A receivable is a liability because it represents a right to receive cash in the future. 5) A debtor is a party to a credit transaction who will receive the cash for the transaction at a later date.
A ________ is a pronounced modification to an existing product that requires a modest amount of learning or change in behavior to use it
A) dynamically continuous innovation B) nonradical innovation C) competitive innovation D) continuous innovation E) discontinuous innovation
Assuming that there is a one-to-one relationship between the output measures, the units started in a subsequent department is:
A) equal to the equivalent units plus the materials added. B) equal to the equivalent units of that department. C) equal to the materials added plus conversion costs. D) equal to the units transferred out from the prior department.
A customer service manager at a retail clothing store has collected numerous customer complaints from the forms they fill out on merchandise returns
To analyze trends or patterns in these returns, she has organized these complaints into a small number of sources or factors. This is most closely related to the ________ tool of TQM. A) quality loss function B) cause-and-effect diagram C) scatter diagram D) histogram E) process control chart