A company has successfully implemented lean practices in their three station process. The stations are, in order, Station A, Station B, and Station C and product moves from A to B to C smoothly
One day, the equipment at Station B experiences catastrophic failure. What happens and what is the appropriate response for a lean-thinking company?
A) Continue producing at Station C and restore capacity at Station B.
B) Continue producing at Station A and restore capacity at Station B.
C) Continue producing at Station A and C and restore capacity at Station B.
D) Everything stops and attention is focused on restoring capacity at Station B.
Answer: D
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Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year. The company's estimated total indirect costs are $152,000. The direct labor rate is $104 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Baptiste performs a job requiring 52 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $5408 B) $216,320 C) $2269 D) $7940
________ jurisdiction refers to cases that may be heard only in the state court system
A) In personam B) In rem C) Quasi-in rem D) State court
Which of the following does NOT feature in Igor Ansoff’s levels of action towards planning?
a. Operational b. Inter-organizational c. Administrative d. Strategic
While all of these can initiate standard setting procedures, the major source of Occupational Safety and Health Administration (OSHA) standards is
A. the employer. B. National Institute for Occupational Safety and Health (NIOSH). C. the secretary of HHS. D. state governments.