Woodlove, a furniture manufacturing company, had separate departments for completing various tasks involved in creating a piece of furniture, such as cutting the wood, shaping the various parts, assembling the furniture, and polishing the finished product. To reduce wait time in the work flow, the management of the company decided to train the employees to perform all the tasks. Once the carpenters were trained to do multiple tasks, the productivity and the overall utilization of the resources improved significantly. In this scenario, the company adopted the _____ approach.

A. flow production
B. lean production
C. mass production
D. traditional assembly line


Answer: B

Business

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Under the weighted-average method for inventory costing, the cost per unit is determined by ________.

A) dividing the cost of goods available for sale by the number of units available for sale B) dividing the cost of goods available for sale by the number of units in beginning inventory C) multiplying the number of units purchased with the weighted-average cost D) multiplying the cost of goods available for sale by the ending weighted-average cost of the previous accounting period

Business

Jacob brings donuts in for his employees once a week, but he varies which day he brings them (sometimes on Monday and sometimes on Wednesday, etc.). The employees never know when they will be treated with donuts, so the element of surprise is motivating. Jacob is using which type of reinforcement schedule?

A. fixed-ratio B. variable-interval C. fixed-interval D. variable-ratio

Business

According to the U.S. Department of Labor, how many people in the United States are victims of nonfatal violence at the workplace each year?

A. 1,000 B. 2 million C. 50 million D. 500,000

Business

The visualization step in Monroe’s Motivated Sequence involves ______.

a. introducing a proposed solution to an existing problem b. elaborating on the need to address a particular issue c. showing the audience how a proposed solution can fix a problem d. creating awareness that a problem exists

Business