In a highly automated manufacturing company, labor costs vary considerably with volume of production.
Answer the following statement true (T) or false (F)
False
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The owners of a manufacturing firm in Ohio have developed a core network of suppliers to ensure an uninterrupted supply of products. This is an example of ________
A) capability management B) a supply bottleneck C) asset management D) backsourcing E) supplier development
Which of the following is NOT a factor that influences the choice of a global location?
a. host country market size b. total cost c. infrastructure d. lead time
Why did 3M phase out the production of a chemical used as an ingredient in its Scotchgard fabric protector?
A. The product accidentally violated the patent rights of a competitor. B. New governmental legislation banned the production of one of the product's key component chemicals. C. 3M developed a new product that didn't contain this chemical and was less costly to produce, resulting in a significantly higher profit margin. D. New advances in fabric manufacturing, such as dirt repellant fibers, made the need for the product obsolete. E. Traces of the potentially harmful chemical were found in humans, so the product was voluntarily halted.
Premium on Bonds Payable is additional Interest Expense of the company that issues the bond
Indicate whether the statement is true or false