Capacity management is a strategic long-term business decision
Indicate whether the statement is true or false
True
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A firm manufactures custom-made furniture. Which facilities layout would best suit the firm's needs?
A. process layout B. flexible manufacturing layout C. sequential layout D. product layout E. fixed-position layout
_________ is designed to correct employee behavior, rather than just punish it.
A. Institutional discipline B. Correctional analysis C. Progressive discipline D. Review and adjudication E. Alternative dispute resolution
Which of the following would be most useful when valuing your company?
a. advice from family and friends b. success of a similar company in another part of the country c. advice from an accountant who has clients in a similar market and industry d. industry experts from another part of the country
First Buy Television Antenna Company provided the following manufacturing costs for the month of June
Direct labor cost $132,000 Direct materials cost 84,000 Equipment depreciation (straight-line) 24,000 Factory insurance 10,000 Factory manager's salary 10,200 Janitor's salary 4,000 Packaging costs 18,600 Property taxes 16,000 From the above information, calculate First Buy's total fixed costs. A) $298,800 B) $40,200 C) $60,200 D) $64,200