Opportunity costs are not relevant when a company has idle capacity.
Answer the following statement true (T) or false (F)
True
If a company has idle capacity, it does not have to give up the opportunity to do something else.
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The depreciation method that uses a depreciation rate that is a multiple of the straight-line rate and applies it to an asset's beginning-of-period book value is ________.
What will be an ideal response?
An important element of ethical/moral leadership involves serving ______.
a. one’s own interests as leader b. one’s own self-interests c. the interests of others d. the interests of whomever is most important
The waste that occurs from any variation in output as a result of poorly planned and designed systems is referred to as ______.
A. muri B. mura C. muda D. kaizen
What are the three major assumptions of the learning curve?
What will be an ideal response?