Which of the following statements regarding the usefulness of learning curves is FALSE?
A) An external use of learning curves is in supply chain negotiations.
B) A strategic use of learning curves is in evaluating company and industry performance.
C) An internal use of learning curves is in establishing costs.
D) An internal use of learning curves is in labor forecasting.
E) A strategic use of learning curves is in establishing budgets.
E
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Which of the following is true of collaborative supply chain management?
A. These systems are based on large inventories. B. Collaborative systems are based on child labor laws and regulations. C. Interactions between the vendor and retailer are minimal. D. It is difficult to implement these strategies when sourcing globally. E. Lead times are long when using these systems.
Which of the following ordinarily would be treated as a revenue expenditure rather than a capital expenditure?
a. Repair and maintenance on buildings b. The replacement of a major component of a building c. An addition to an existing building d. Rearrangement costs that are identifiable, material, and are expected to provide discernable future benefits
In capital rationing, an initial screening of alternative proposals is usually performed by establishing minimum standards. Which of the following evaluation method(s) are often used?
A) Cash payback method and average rate of return method B) Average rate of return method and net present value method C) Net present value method and cash payback method D) Internal rate of return and net present value methods
Derived value is the customs value of goods that is based on their price calculated from the cost of manufacture, overhead, and handling
Indicate whether the statement is true or false