Twilight Corporation will evaluate a potential investment in an advanced manufacturing system by use of the net-present-value (NPV) method. Which of the following system benefits is least likely to be omitted from the NPV analysis?
A. Savings in operating costs.
B. Greater flexibility in the production process.
C. Shorter manufacturing cycle time.
D. Ability to fill customer orders more quickly.
E. Improved product quality.
Answer: A
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Which of the following statements is true about investments categorized as trading securities?
a. They are valued on the balance sheet at cost. b. They can consist of debt, but not equity, securities. c. They are purchased to be held to maturity. d. Changes in market value are reflected in net income.
Kelsey received a written warning after she slowed the production line twice last week when she could not keep up with her section. This happened at least four times the previous week to Takeshi. However, Takeshi only got an oral warning. The discipline of Kelsey appears to violate which Just Cause test?
A. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? B. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees? C. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? D. Was the company’s investigation conducted fairly and objectively?
Which of the following is NOT REQUIRED information to obtain to conduct the factor weighting technique in supplier selection analysis?
A) a set of supplier criteria B) a weight for each supplier criterion C) a score for each potential supplier on each criterion D) a qualitative scale on which to rate suppliers E) a numerical scale on which to rate suppliers
The smaller the p-value in an ANOVA table, the greater the likelihood that the effect:
a. is statistically insignificant b. will be ignored c. is statistically significant d. has no practical impact