OD is
a. multiple methods, perspectives, approaches, and values that influence how it is practiced.
b. a methodical set of rigid practices.
c. is focused on solely individual growth regarding how individuals influence organizations decisions.
d. a one-size-fits-all approach.
a. multiple methods, perspectives, approaches, and values that influence how it is practiced.
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Which of the following is an inventory processing system?
a. Perpetual b. Last-in, first-out c. Lower-of-cost-or-market d. Average-cost
At the start of football season, the ticket office gets busy the day before the first game. Customers arrive at the rate of four every ten minutes. A ticket seller can service a customer in four minutes
Traditionally, there are two ticket sellers working. The university is considering an automated ticket machine similar to the airlines' e-ticket system. The automated ticket machine can service a customer in 2 minutes. (a) What is the average length of the queue for the in-person model? (b) What is the average length of the queue for the automated system model? (c) What is the average time in the system for the in-person model? (d) What is the average time in the system for the automated system model? (e) Assume the ticket sellers earn $8 per hour and the machine costs $20 per hour (amortized over 5 years). The wait time is only $4 per hour because students are patient. What is the total cost of each model?
Which of the following is the responsibility of a finance manager?
A) processing purchase orders and invoices B) ensuring accounts payable are paid on time C) preparing the monthly income statement D) analyzing the capital needs of the firm
Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$5,200 60% Conversion costs$8,500 55% A total of 7,800 units were started and 7,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs$95,000 Conversion costs$169,200 The ending inventory was 85% complete with respect to materials and 70% complete with respect to conversion costs. How many units are in ending work in process inventory in the
first processing department at the end of the month? A. 1,300 B. 700 C. 900 D. 7,200