Basic considerations that enter into the selection of a location for a manufacturing business normally include
A. availability of raw materials.
B. customer accessibility.
C. neighborhood conditions.
D. federal income taxes.
Answer: A
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Analysts deciding between investments must consider the comparative risks. Which of the following is/are economy-wide factors that affect the risk of business firms?
a. increased inflation b. increased interest rates c. unemployment d. recessions e. all of the above
Lockouts are considered illegal if:
A. They could potentially harm public safety and/or health B. They are not authorized by the NLRB C. They are deemed by the NLRB to be an attempt to destroy the union D. They are not offensive (versus defensive) in nature
What type of labor situation may pose ethical issues to US firms?
a. Child labor b. Prison labor c. Unsafe labor conditions d. All of the above
Which operations management application model is most likely to have an objective function that minimizes the sum of manufacturing costs, purchasing costs, and overtime costs?
a. blending b. make-or-buy decision c. workforce assignment d. production scheduling