The ________ is an inventory management technique that minimizes inventory investment by having materials inputs arrive at exactly the time they are needed for production.
A) ABC system
B) FIFO method
C) MRP system
D) JIT system
D) JIT system
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The buyer determines how much to pay for bonds by computing the present value of future cash receipts using thecontract rate of interest
a. True b. False Indicate whether the statement is true or false
Which of the following is a major complaint of multinationals operating in Europe?
A) each country shows favoritism toward its nationals B) volatility of spending due to economic swings and cycles C) required paperwork D) bureaucracy E) decision-making delays
A ________ is a good, service, idea, place, or person–whatever is offered for sale in the exchange
A) product B) place C) utility D) benefit E) demand
The utility created by converting production inputs into finished products is called ____ utility.
A. form B. time C. production D. place E. possession