Lean systems maintain inventory in small lot sizes because small lot sizes:
A) increase pipeline inventory, allowing the organization to buffer against demand uncertainties.
B) increase the quality level of the product.
C) enable schedules to use machine capacities more efficiently.
D) increase manufacturing lead time because of the increase in waiting time.
C
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Which core defensive strategy is appropriate for a business with a very strong competitive advantage operating in a very attractive market?
A) a harvest strategy B) a monetize strategy C) an optimize strategy D) a protect strategy E) an invest strategy
How much of the revenue for charitable nonprofits comes from government funds?
A. one half B. one third C. two fourths D. three fourths
The inventory valuation method that has the advantages of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is:
A. FIFO. B. LIFO. C. Weighted average. D. Specific identification. E. Lower of cost or market.
The product life-cycle concept from microeconomics and marketing provides useful insights into the relations between cash flows from operating, investing, and financing activities. When a product matures
a. net income usually reaches a peak. b. working capital declines. c. operations generate negative cash flow. d. all of the above. e. none of the above.