An assembly drawing:
A) shows, in schematic form, how the product is assembled.
B) shows an exploded view of the product.
C) lists the operations, including assembly and inspection, necessary to produce the component with the material specified in the bill of material.
D) provides detailed instructions on how to perform a given task.
E) describes the dimensions and finish of each component.
B
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A company has a selling price of $1500 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 3% of all printers sold will be returned under the warranty at an average cost of $144 each. During November, the company sold 24,000 printers, and 340 printers were serviced under the warranty. What is the company's warranty expense for the month of November?
A. $47,000 B. $51,840 C. $48,960 D. $21,000 E. $103,680
Which of the following is NOT one of the reasons why customers complain that is listed in the book?
a. Better understand the failure b. Vent their anger c. Help improve the service d. Obtain restitution or compensation e. For altruistic reasons
A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares authorized, 10,000 issued, and 9,500 shares outstanding. The total amount of the cash dividend is:
A. $14,625. B. $7,500. C. $7,125. D. $10,250. E. $11,250.
Manufacturing cycle time is best defined as the:
A) length of the work shift, expressed in minutes per day. B) time it takes a unit to move from one workstation to the next. C) time between the start of one unit and the start of the next unit. D) sum of all the task times to make one unit of a product. E) time from raw materials receipt to finished product exit.