Managing constraints is a process of
a. backflush costing.
b. design for manufacturability.
c. just-in-time redesign.
d. continuous improvement.
D
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Assume that you are the Chase Manhattan Bank of the United States, and you have 1 million Swiss francs in your vault that you will need to use in 30 days. Moreover, you need 500,000 British pounds for the next 30 days. You arrange to loan your francs to Barclays Bank of London for 30 days in exchange for 500,000 pounds today and reverse the transaction at the end of 30 days. You have just arranged a
a. forward contract. b. futures contract. c. spot contract. d. currency swap.
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Indicate whether the statement is true or false
Asking a meeting member to play “devil’s advocate” is a strategy for ______.
A. keeping the meeting short B. avoiding groupthink C. encouraging harmony D. strengthening leadership
The following items for Neptune Company are used to compute the cost of goods manufactured and the cost of goods sold. Indicate how each item should be used in the calculations by filling in the blanks with "+" if the item is to be added, "-" if the item is to be subtracted, or "0" if the item is not used in the calculation. The first item is completed as an example.?Cost of GoodsCost of Goods?ManufacturedSoldBeginning finished goods inventory___0_____+__Ending finished goods inventory_____________Direct labor _____________Indirect labor _____________Beginning work in process inventory_____________Ending work in process inventory_____________General and administrative expenses_____________Indirect materials _____________Beginning raw materials inventory_____________Ending raw
materials inventory_____________Raw material purchases_____________Depreciation of factory building_____________Cost of goods manufactured_____________ What will be an ideal response?