A focused (typically one-week) improvement effort is referred to as a kaizen ______.
a. Focus
b. Blitz
c. Crunch
d. Attack
b. Blitz
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In the U.S., the average Buick buyer is 61 years old, which stands in marked contrast to Volvo, whose average buyer is only 50
Indicate whether the statement is true or false
Federal Reserve Banks mostly pay for their central banking operations through
A. government tax revenue. B. interest on the securities they own. C. fees charged to banks that use their services. D. dividends paid by local banks.
Which of the following describes the condition in which courts impose liability based on negligent design?
A) when the materials used by the manufacturer satisfy most of the standards acceptable in the trade B) when the risk of harm outweighs the utility of the product C) when the manufacturer fails to include a warning about obvious dangers D) when the manufacturer warns only the original purchaser and not the user
Blair Stationery Company is a price-taker and uses target pricing
The company has just done an analysis of its revenues, costs, and desired profits and has calculated its target full product cost. Assume all products produced are sold. Refer to the following information: Target full product cost $510,000 per year Actual fixed cost $260,000 per year Actual variable cost $3 per unit Production volume 152,000 units per year Actual costs are currently higher than target full product cost. Assuming that fixed costs cannot be reduced, what are the target total variable costs? A) $260,000 B) $456,000 C) $250,000 D) $510,000