List and explain three capabilities of lean warehousing
a . Greater emphasis on cross docking - Faster inbound and outbound turnaround results in lower overall inventory requirements
b. Reduced lot sizes and shipping quantities - inbound and outbound shipments are smaller in size. Faster, but more handling is required
c. A commitment to customers and service quality - Employees more focused on satisfying warehouses inbound and outbound customers
d. Increased automation - To be faster and more reliable, more automation is required to remain competitive.
e. Increased assembly operations - lean systems and mass customization will require last minute assembly. This increases the requirements for employee skill and machinery at these facilities.
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Fill in the blank(s) with correct word
Only events that can be measured will be reflected in the journal entries
a. True b. False Indicate whether the statement is true or false
A favorable variance reflects a decrease in operating income
Indicate whether the statement is true or false
A stock is valued at $28.00. The annual expected return is 9.0% and the standard deviation of annualized returns is 19.0%. If the stock is lognormally distributed, what is the expected median stock price after 4 years?
A) $28.00 B) $32.33 C) $40.13 D) $54.60