A six-month moving average forecast is generally better than a three-month moving average forecast if demand:
A) is rather stable.
B) has been changing due to recent promotional efforts.
C) follows a downward trend.
D) exceeds one million units per year.
E) follows an upward trend.
A
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Core competencies tend to refer to areas of special technical and production expertise, whereas ________ tend to describe excellence in broader business processes
A) process benchmarks B) distinctive capabilities C) distributive capabilities D) facultative benchmarks E) concentric capabilities
Which of the following journal entries records the accrual of the cost of indirect labor used in production?
a. Debit Work in Process Inventory, credit Manufacturing Overhead. b. Debit Manufacturing Overhead, credit Wages Payable. c. Debit Manufacturing Overhead, credit Work in Process Inventory. d. Debit Work in Process Inventory, credit Wages Payable.
The Consumer Product Safety Commission:
A) only has the authority to educate the public concerning product safety problems. B) uses data it gathers to set uniform product safety standards for goods such as toys and lawn mowers. C) can only make manufacturers voluntarily submit their products for testing if the product falls below its regulatory standards. D) has no enforcement powers since compliance with its regulations is left up to the manufacturer.
The rule of mitigation of damages requires that a party injured by a breach of contract must: A) take any and all steps possible to reduce the damages that will be sustained because of the breach
B) discharge the contract before filing suit for breach. C) hire someone else to perform the contract. D) take reasonable steps to reduce the damages that would otherwise be sustained because of the breach.