E-procurement:
A) works best in long-term contract situations but is not suited for auctions.
B) is purchasing facilitated through the Internet.
C) has many benefits but requires a lot of paperwork.
D) is illegal in all states except Nevada and New Jersey.
E) All of the above are true of e-procurement.
B
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When a company discounts an interest-bearing note at a bank with recourse:
a. The company is assured payment at maturity. b. The company will receive the full amount of the note plus interest. c. The company has a contingent liability from the time the note is discounted until its maturity date. d. The bank assumes the credit risk on non-payment at the maturity date.
An income statement provides information as to the status of a business at a specified date
Indicate whether the statement is true or false
Which term refers to an in-store machine that allows a customer to order merchandise not carried in the store?
A) kiosk B) automated teller machine C) virtual catalog D) interactive TV E) direct-response device
You have been asked to balance a flow shop assembly operation to achieve an output rate of 80 units per eight-hour day. Task times and precedence relationships are shown in the table below
Task Predecessor(s) Duration (minutes) A -- 1.4 B -- 0.8 C A, B 0.4 D -- 1.8 E -- 0.4 F C 2.1 G E, F 2.0 H D, G 1.2 a. Draw the precedence diagram. b. Determine the desired cycle time. c. Determine the theoretical minimum number of stations needed. d. Balance this line using the most following tasks heuristic. e. What is the efficiency of the line obtained in part d?