Acme, Inc., produces widgets. To manufacture a new type of widget, it took 78 hr for the first widget. Acme estimates it has a 92% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 66th widget.
A. 46.24 hr
B. 45.86 hr
C. 49.52 hr
D. 47.19 hr
D. 47.19 hr
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A) a decrease in inventory B) a decrease in accounts payable C) preferred dividends declared and paid D) a decrease in accounts receivable
__________ is used to increase the flexibility of team members, by having them trained in the technical skills of two or more jobs.
a. Assertiveness training b. Cross-training c. Team resource management d. Interpositional training
Maintaining a certain market share, meeting competitors' prices, maintaining a favorable image, and achieving price stability are all associated with a ____ pricing objective.
A. product quality B. market share C. survival D. profit E. status quo
The idea that companies make gifts that might not have a direct or immediate benefit to the bottom line, but that generally help maintain a healthy society in which to do business is called
a. marketing b. enlightened self-interest c. cause-related marketing d. advocacy e. market failure