The Kanban system ______.
A. can be used to coordinate suppliers and not just manufacturing plants
B. allows firms to control the flow of resources in a production process by anticipating demand for parts
C. is based on forecasting of demand
D. is based on forecasting of supply
A. can be used to coordinate suppliers and not just manufacturing plants
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Finished goods are the equivalent of merchandise inventory for a retailer or wholesaler in that both represent the inventory of goods held for sale
a. True b. False Indicate whether the statement is true or false
Most companies tend to compete with distant competitors that are typically unlike them, rather than with close competitors
Indicate whether the statement is true or false
A bond traded at 102½ means that:
A. The bonds were retired at $1,025 each. B. The bond traded at 102.5% of its par value. C. The bond pays 2.5% interest. D. The market rate of interest is 2.5%. E. The market rate of interest is 2½% above the contract rate.
If the contribution margin ratio is 0.60, targeted operating income is $95,000, and targeted sales volume in dollars is $530,000, then the degree of operating leverage is ________.
A) 0.30 times B) 0.67 times C) 3.35 times D) 2.23 times