The management and union at TriColor have bargained for two years without reaching an agreement. After notifying the union, TriColor prohibited the workers from entering the factory to work. This is a lockout
Indicate whether the statement is true or false
True
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Discuss the two functions of the finance department.
What will be an ideal response?
The setup cost to make a carpet is $20 per setup. The holding cost is $2.00 per yard per year, and the annual demand is 12,000 yards. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. Given this information, which of the following statements is true?
a. With an optimum order quantity of 600, the length of the production run in days is 5. b. With an optimum order quantity of 500, the length of the production run in days is 6. c. With an optimum order quantity of 400, the length of the production run in days is 7. d. With an optimum order quantity of 300, the length of the production run in days is 8.
________ provide an organization with a highly flexible workforce that can fill in when someone is absent.
A. Gain-sharing plans B. Skill-based pay systems C. Piece rate systems D. Profit-sharing plans
Persons who lack mental capacity at the time they enter into a contract may avoid liability under the agreement
Indicate whether the statement is true or false