Which of the following is a contract between manufacturing and marketing?

A) master schedule B) customer order
C) production plan D) forecast


A

Business

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Which of the following terms refers to “the characteristics of the evaluand pertaining to the evaluand’s merit, significance, or worth?”

a. dimensions b. importance weighting c. rubrics d. synthesis

Business

Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 direct materials and $13,000 indirect materials. How should Andrews record the purchase of raw materials for March?

A. Debit Accounts Payable $165,000; credit Raw Materials Inventory $165,000 B. Debit Work in Process Inventory $165,000; credit Raw Materials Inventory $165,000 C. Debit Raw Materials Inventory $165,000; credit Accounts Payable $165,000 D. Debit Raw Materials Inventory $187,000; credit Cash $187,000 E. Debit Accounts Payable $187,000; credit Raw Materials Inventory $187,000

Business

The EU began as a common market for

A. all imported goods from beyond Europe. B. the textile and dairy industries. C. the coal and steel industries. D. the transportation industries.

Business

An electrical power system consists of four major components with reliabilities of 0.99, 0.94, 0.92, and 0.95. In order to improve the reliability, a backup component of reliability 0.92 is added to Component 3. Compute and indicate the composite reliability of Component 3.

a. 0.89 b. 0.99 c. 0.98 d. 0.92

Business