Organizations should avoid using security considerations as a criterion while hiring employees
Indicate whether the statement is true or false
FALSE
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A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the bottleneck time?
A) 4 B) 9 C) 18 D) 35 E) 7
The owner of an amusement park has decided to open a second entry booth and hire another employee to service customers entering the park. Customers arrive at the rate of 20 per hour and will wait in a single line until one of the two employees is available to provide service. The average service time of both employees is 2 min to provide service. The arrival rate follows Poisson distribution, and the service time follows a negative exponential distribution. Determine the average time the customer spends in the queue.
A. 2.25 min B. 3 min C. 0.25 min D. 1 min
Most U.S. firms use merit pay increases.
Answer the following statement true (T) or false (F)
Refer to the income statement above. Luther's return on assets (ROA) for the year ending December 31, 2005 is closest to ________
Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 2005 Total sales 610.1 573.3 Cost of sales -500.2 -389.6 Gross profit 109.9 183.7 Selling, general, and administrative expenses -40.5 -39.8 Research and development -24.6 -22.7 Depreciation and amortization -3.6 -3.2 Operating income 41.2 118 Other income -- -- Earnings before interest and taxes (EBIT) 41.2 118 Interest income (expense) -25.1 -14.3 Pretax income 16.1 103.7 Taxes -5.5 -36.295 Net income 10.6 67.405 Price per share $16 $15 Sharing outstanding (millions) 10.2 8.0 Stock options outstanding (millions) 0.3 0.2 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1 386.7 A) 17.43% B) 34.86% C) 13.94% D) 1.99%