Answer the following statements true (T) or false (F)
1. Poka yoke refers to mistake-proofing.
2. Interchangeable parts is attributed to Genichi Taguchi.
3. PDSA is known as the Juran Cycle.
4. Specific, measurable characteristics of a product or service that customers say are necessary for their satisfaction are given by the customer.
5. International Organization for Standardization was created in 1966.
1. True
2. False
3. False
4. False
5. False
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The acid-test ratio is most similar to the:
A. Debt to equity ratio. B. Times interest earned ratio. C. Inventory turnover ratio. D. Current ratio.
Robots maintaina consistently high level of performance.
Answer the following statement true (T) or false (F)
Which of the following statements is CORRECT?
A. The balance sheet for a given year is designed to give us an idea of what happened to the firm during that year. B. The balance sheet for a given year tells us how much money the company earned during that year. C. The difference between the total assets reported on the balance sheet and the liabilities reported on this statement tells us the current market value of the stockholders' equity, assuming the statements are prepared in accordance with generally accepted accounting principles (GAAP). D. If a company's statements were prepared in accordance with generally accepted accounting principles (GAAP), the market value of the stock equals the book value of the stock as reported on the balance sheet. E. The assets section of a typical company's balance sheet begins with cash, then lists the assets in the order in which they will probably be converted to cash, with the longest-lived assets listed last.
As applied to bonds, duration refers to
A) the average maturity of a diversified portfolio of corporate bonds. B) the point in the life of a bond when its price risk exactly offsets its reinvestment risk. C) the average price and annual reinvestment rate of return for a bond. D) the point in the life of a bond when its yield-to-maturity equals its expected yield.