Caruso, Inc has an inventory turnover rate of 8 times. If its cost of goods sold is $150,000, then
a. It sells its inventory 1,200 times per year.
b. The company will report sales of $1,200,000.
c. The gross margin will be $1,200,000.
d. The company's average inventory is $18,750.
d
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The fixed cost per unit varies with changes in the level of activity
Indicate whether the statement is true or false
In assembly-line balancing, cycle time (the ratio of available production time to scheduled production) is the:
A) minimum time that a product is allowed at each workstation. B) maximum time that a product is allowed at each workstation. C) inverse of the minimum number of workstations needed. D) sum of all the task times divided by the maximum number of workstations. E) equivalent of the maximum task time among all tasks.
Contrast data modeling to process modeling and logic modeling
What will be an ideal response?
When employees need to be made aware of their negative attitude so that they can change, their managers should
A. make working conditions as pleasant as possible. B. accentuate negative consequences. C. provide negative consequences. D. give them feedback and support.