What is a lag and give an example of when you would need to use one?
Fill in the blank(s) with the appropriate word(s).
Answer will vary
A lag is the minimum amount of time a dependent activity must be delayed to begin or end. Lags occur during laddering and avoid delays and they are also used to constraint the start and finish of an activity.
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Which of the following is not one of the five basic components of supply chain management?
A. Source B. Cost C. Deliver D. Plan
On January 1 . 2012 . Costas Co purchased a new machine for $1,250,000 . The new machine has an estimated useful life of five years and the salvage value was estimated to be $250,000 . Costas uses the sum-of-the-years'-digits method of depreciation. The amount of depreciation expense for 2014 is
a. $200,000. b. $250,000. c. $300,000 d. $416,667
At the end of the fiscal year, the balance in Factory Overhead is small. This balance would normally be:
A) transferred to Work in Process B) transferred to Cost of Goods Sold C) transferred to Finished Goods D) allocated between Work in Process and Finished Goods
Business ethics is not more complicated than personal ethics
a. True b. False Indicate whether the statement is true or false