Cycle time is computed as:
A) desired output divided by the daily operating time.
B) daily operating time divided by the product of desired output and the sum of job times.
C) the product of desired output and the sum of job times divided by daily operating time.
D) daily operating time divided by the scheduled output.
E) 1.00 minus station time.
D
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Which of the following statements is CORRECT?
A. A 10-year, 10% coupon bond has less reinvestment rate risk than a 10-year, 5% coupon bond (assuming all else equal). B. The total return on a bond during a given year is the sum of the coupon interest payments received during the year and the change in the value of the bond from the beginning to the end of the year. C. The price of a 20-year, 10% bond is less sensitive to changes in interest rates than the price of a 5-year, 10% bond. D. A $1,000 bond with $100 annual interest payments that has 5 years to maturity and is not expected to default would sell at a discount if interest rates were below 9% and at a premium if interest rates were greater than 11%. E. 10-year, zero coupon bonds have higher reinvestment rate risk than 10-year, 10% coupon bonds.
The lower-of-cost-or-market basis results in reporting
a. unrealized holding losses on inventory items currently through lower net income amounts. b. delays reporting unrealized holding gains until the firm sells the goods. c. unrealized holding gains on inventory items currently through higher net income amounts. d. a and b e. none of the above
Some bonds are _____, which means the issuing firm has the right to repurchase the bonds prior to maturity at a specified price
a. convertible b. callable c. zero coupon d. serial e. debentures
A decision that focuses on whether a specially priced order should be accepted or rejected is what kind of decision?
A) relevant B) make-or-buy C) sell-or-process-further D) special order E) keep-or-drop