Which of the following is a way to manage capacity by shifting and stimulating demand?
A) Adding peripheral goods and/or services
B) Adding or sharing equipment
C) Changing labor schedules
D) Changing labor skill mix
A
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Answer the following statements true (T) or false (F)
1.Assume that the United States and Canada engage in trade. If the international terms of trade coincides with the U.S. cost ratio, the United States realizes all of the gains from trade with Canada. 2.Assume that the United States and Canada engage in trade. If the international terms of trade coincides with the Canadian cost ratio, the United States realizes all of the gains from trade with Canada 3.If the international terms of trade lies beneath (inside) the Mexican cost ratio, Mexico is worse off with trade than without trade. 4.Although J. S. Mill recognized that the region of mutually beneficial trade is bounded by the cost ratios of two countries, it was not until David Ricardo developed the theory of reciprocal demand that the equilibrium terms of trade could be determined. 5.According to J. S. Mill, if we know the domestic demand expressed by both trading partners for both products, the equilibrium terms of trade can be defined.
A ____ system of production control is paced by product demand
a. EOQ b. ABC c. push d. pull
Ramon, I believe that you will succeed," said Juan, his mentor. "When an entrepreneur is contemplating a new business, the very first step is to have ________. You are on the right track."
A. family support B. investors C. a great idea D. a good location E. financial capital
In the Vasquez Corporation, any overapplied or underapplied manufacturing overhead is closed out to Cost of Goods Sold. Last year, the Corporation incurred $27,000 in actual manufacturing overhead cost, and applied $29,000 of manufacturing overhead cost to jobs. The beginning and ending balances of Finished Goods were equal, and the Corporation's Cost of Goods Manufactured for the year totaled $71,000. Given this information, Cost of Goods Sold, after adjustment for any overapplied or underapplied manufacturing overhead, for the year must have been:
A. $69,000 B. $71,000 C. $98,000 D. $73,000