Hunt Company has the following production data: Throughput time4hoursDelivery cycle time6hoursProcess time1hourWait time before production2hoursThe manufacturing cycle efficiency (MCE) for Hunt Company is:
A. 20%
B. 50%
C. 25%
D. 75%
Answer: C
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A) standardizing the service-performance process B) providing complementary services to customers C) giving personnel authority in handling situations D) adopting differential pricing E) cultivating nonpeak demand
An example of primary data is information gathered from _____
a. Bureau of Census publications b. competitors' annual reports c. company inventory reports to determine sales by geographic area d. observation by sales personnel on customer in-store behavior
Which of the following is a guideline for preparing effective tables??
A) ?Avoid using numbers to refer to the tables. B) ?Use titles that make readers review the tables. C) ?Indent the second line of a label for the rows two or three spaces. D) ?Avoid adding source notes and explanatory notes beneath the tables.
The cost of equity raised by retaining earnings can be less than, equal to, or greater than the cost of external equity raised by selling new issues of common stock, depending on tax rates, flotation costs, the attitude of investors, and other factors.
Answer the following statement true (T) or false (F)