JIT production means that we produce the product before it is required so the customer does not wait for the product.
Answer the following statement true (T) or false (F)
False
Just-in-time means producing what is needed when needed and no more.
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Acme Global provides its employees with the opportunity to experience job rotation. This allows the employees to see more of what goes on in the organization and how each job functions. Acme Global is developing its employees through ______.
A. formal education B. experience C. informal education D. employee assessment
Which of the following statements is true while considering an expansion project?
A. Depreciation expenses will be deducted from the net income to calculate supplemental operating cash flows. B. The expansion project will be accepted if the net cash flows are negative. C. Shipping and installation costs associated with preparing the machine to be used to produce the new product will be part of the initial outlay. D. The cost of a product analysis completed in the previous tax year and specific to the new product will be included in the calculation of initial outlay. E. The fees of the board of directors of a firm will be considered in the relevant cash flows.
U. S. government bonds are:
A. High-risk and low-return investments. B. High-risk and high-return investments. C. High risk and no-return investments. D. Low-risk and low-return investments. E. Low-risk and high-return investments.
In defense against payment, an insurance company can raise any of the defenses that would be valid in an ordinary action on a contract.
Answer the following statement true (T) or false (F)