The production scheduling process in the manufacturing cycle is similar to the order entry process in the replenishment cycle
Indicate whether the statement is true or false.
Answer: TRUE
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Suppose you borrowed $14,000 at a rate of 10.0% and must repay it in 5 equal installments at the end of each of the next 5 years. How much interest would you have to pay in the first year?
A. $1,200.33 B. $1,263.50 C. $1,330.00 D. $1,400.00 E. $1,470.00
Television ads, public relations, and promotional events are all examples of ________
A) marketing controls B) marketing expenses C) marketing forecasts D) distribution strategies E) market trends
Answer the following statements true (T) or false (F)
Seekers Company manufactures sonars for fishing boats. Model 70 sells for $250. Seekers produces and sells 5,600 of them per year. Cost data are as follows:
A potential deal has come up for a one-time sale of 30 units at a special price of $115 per unit. The marketing manager states that the sale will not negatively impact the company's regular sales activities and will require the normal variable manufacturing costs and selling and administrative costs. The production manager states that there is plenty of excess capacity and the deal will not impact fixed costs. The controller points out, however, that because the expected increase in revenues are equal to the expected increase in costs to fill the order, the deal will not have any impact on the bottom line. The controller is correct in his statement.
Negligence per se is a defense in a negligence case
a. True b. False Indicate whether the statement is true or false