Which one of the following statements is TRUE regarding JIT inventory?
A) It exists just in case something goes wrong.
B) It is the minimum inventory necessary to keep a perfect system running.
C) It hides variability.
D) It is minimized with large lot production.
E) It increases if setup costs decrease.
B
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In the parallel approach to systems implementation, both the new and old systems operate together for a period of time
Indicate whether the statement is true or false
Mesquite, Inc engaged in the following transactions during October: Performed services for cash $1,840 Performed services on credit 2,100 Purchased office supplies on account 800 Paid salaries in cash 900 Collected on account 600 Paid on account 400 What is the amount of cash still to be paid?
A) $2,300 B) $2,100 C) $1,300 D) $400
Which of the following is the number of different product lines available at a particular retail store?
A) merchandise breadth B) inventory depth C) merchandise depth D) retail diversity E) point-of-sale range
Which of the following may be true of the cost of debt and cost of equity??
A. The weighted average cost of capital is computed by assigning weights to the cost of debt and the cost of equity of a firm.? B. ?The cost of debt for a firm is always equal to the cost of equity to the firm. C. ?The cost of internally generated equity for a firm is greater than the cost of externally generated equity funds for the firm. D. ?The cost of internally generated equity for a firm is less than the cost of debt for the firm. E. ?The cost of externally generated equity is the sum of the cost of debt and the cost of retained earnings.