Activity-based management's primary goal is to reduce
a. nonvalue-adding costs.
b. defects.
c. inventory size.
d. machine setup time.
A
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Keri, an HR manager, is designing a training class for those working on the new cross-functional teams within her company. This class that is aimed at improving group decision making. What method of delivery should she choose?
A. Lectures B. Role-playing C. Workbooks D. Videotapes E. Computer-aided training
Which of the following is one of the methods to establish an initial feasible solution in a transportation model problem?
a. matrix maximum profit method b. stepping stone method c. matrix least cost method d. transportation matrix method
________ is the process whereby the firm sells receivables to a lender at a discount (say 2 percent) to the actual value of the receivables. Customers then repay the money they owe to the firm directly to the lender instead
A) Factoring of payables B) Loan sharking C) Bridge loaning D) Factoring of receivables
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,200 units)$155,400Variable expenses 100,800Contribution margin 54,600Fixed expenses 42,400Net operating income$12,200 If the company sells 4,600 units, its total contribution margin should be closest to:
A. $13,362 B. $69,400 C. $59,800 D. $54,600