The implementation features of just-in-time (JIT) manufacturing typically include all of the following except:
a. arranging the factory in work cells
b. assigning each worker to a single machine
c. allowing workers to stop the production line
d. requiring that the daily production schedule remain fairly constant
B
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Fabian Company is considering the purchase of a machine that will save the company $2,000 per year in operating costs for a period of seven years. The most it should pay for the machine is equal to
a. $2,000 times the present value of an ordinary annuity for 7 periods. b. $14,000. c. $2,000 divided by the future value of a single sum at the end of 7 periods. d. $2,000 times the future value of an ordinary annuity for 7 periods.
A completed gift promise cannot be rescinded for lack of consideration
Indicate whether the statement is true or false
What are the guidelines you should follow when extending credit?
Looking at the competing values framework, which type of culture is positioned under the control and stability dimension, but places more emphasis on interactions conducted outside the organization with a view to increasing company competitiveness?
a. Hierarchy b. Adhocracy c. Market d. Clan