Which of the following is most likely to be the reason companies design flexible capacity systems?
A. to downsize capacity quickly in case competent labor is not available to make full use of the designed capacity
B. to expand an existing facility that has extra capacity instead of relocating to larger facilities elsewhere
C. to accommodate government requirements
D. to produce quality products
B. to expand an existing facility that has extra capacity instead of relocating to larger facilities elsewhere
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The data below is for Music Corporation for 2015. Accounts receivable - January 1, 2015 $236,000 Credit sales during 2015 820,000 Collections from credit customers during 2015 590,000 Customer accounts written off as uncollectible during 2015 8,000 Allowance for doubtful accounts - January 1, 2015 8,700 Estimated uncollectible accounts based on an aging analysis 9,600 Refer to the data for Music
Corporation. What is the balance of Accounts Receivable at December 31, 2015? a. $336,000 b. $448,400 c. $458,000 d. $466,000
In considering the purchase of technology-based products, a customer will adopt an innovation only if she or he considers it to be an improvement over the current product being used to satisfy the same need
Indicate whether the statement is true or false
Which of the following sets the upper limit for a product's pricing?
A) profits B) product costs C) consumer perceptions of value D) elements of the product mix E) competition
Breakeven analysis adjusted for a profit factor
a. is a difficult computation that is not normally employed. b. will not necessarily increase the number of required units. c. is often adapted for different sales levels to aid in determining the possible levels of potential profit. d. is a poor basis for evaluating the profitability of a venture.