Temperature, pressure, and similar gauges that are checked regularly during a production process, and that automatically send a signal to an operator that there is a problem, are examples of ________ controls
A) concurrent
B) corrective
C) preventive
D) feedback
E) measuring
A
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Common allocation bases are
A. direct labor dollars, direct labor hours, and direct material dollars
B. direct labor dollars, direct labor hours, and machine hours
C. direct labor dollars, direct labor hours, and machine dollars
D. machine dollars, direct labor dollars, and direct labor hours
During the current month, Ringo Company started 50,000 units of product and transferred 40,000 fully completed units to finished goods. The final work in process inventory was 41 percent complete as to labor operations. There was no initial work in process, and actual labor hours were 180,000 for the period. Each unit should have required 4 direct labor hours to be produced at standard. The total
standard hours allowed for the period are a. 180,400. b. 176,400. c. 171,400. d. 186,400.
A significant disadvantage with the use of rationalized retailing is the _____
a. high operating costs associated with standardization b. poor possible fit with local tastes c. loss of quantity discounts through volume purchasing d. need for more personnel due to decentralized decisions
No matter the size of a business, the leader sets the ________ for how the organization operates. If the leader is chaotic, chances are the business will be too. If the leader is well organized and efficient, the business may well be too.
A. asset optimization B. expense constraints C. profit expectations D. tone