In an organization with an international structure, information-systems personnel are regularly exchanged among locations to encourage joint development of applications for marketing, finance, and production
Indicate whether the statement is true or false
True
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Which of the following cannot be used as a pointing adjective?
A) this B) they C) those D) these E) that
Outsourcing is the practice of transferring a firm's activities that have traditionally been internal to external suppliers
Indicate whether the statement is true or false
Which of the following is the correct formula to calculate inventory turnover?
A) Inventory turnover = Cost of goods sold / Average merchandise inventory B) Inventory turnover = Cost of goods sold x Average merchandise inventory C) Inventory turnover = Cost of goods sold + Average merchandise inventory D) Inventory turnover = Cost of goods sold - Average merchandise inventory
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hours of sewing machine time and up to 150 hour cutting machine time. Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time. Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine sewing time constraint for the LP formulation. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced.
a. 3X1 + 2X2 ? 240 b. X1 + 1.5X2 ? 150 c. 3X1 + 2X2 ? 150 d. X1 + 1.5X2 ? 240