Rightful rejection must be made within a reasonable time after the goods have been tendered or delivered
Indicate whether the statement is true or false
True
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Value is defined as ______.
A. the product of the function to its cost B. the ratio of the function to its cost C. the reciprocal of the function to its cost D. the difference between the function and its cost
Which of the following is NOT one of the planning dimensions?
a. repetitiveness b. scope c. expense d. management level
Which of the following statements is CORRECT?
A. Projects with "normal" cash flows can have two or more real IRRs. B. Projects with "normal" cash flows must have two changes in the sign of the cash flows, e.g., from negative to positive to negative. If there are more than two sign changes, then the cash flow stream is "nonnormal." C. The "multiple IRR problem" can arise if a project's cash flows are "normal." D. Projects with "nonnormal" cash flows are almost never encountered in the real world. E. Projects with "normal" cash flows can have only one real IRR.
A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipment, the firm typically cleaned 70 chemical tank cars per month. They utilized 10 gallons of solvent, and two employees worked 20 days per month, 8 hours a day
The company decided to switch to a larger cleaning machine. Last April, they cleaned 60 tank cars in only 15 days. They utilized 12 gallons of solvent, and the two employees worked 6 hours a day. (a) What was their raw material and their labor productivity with the standard equipment? (b) What is their raw material and their labor productivity with the larger machine? (c) What is the change in each productivity measure?