Manufacturing cycle efficiency is a measure of
a. bottlenecks.
b. effectiveness.
c. efficiency.
d. quality.
C
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Malcolm Sanders, a graduate student from Boston, makes customized snowboards for local snowboarding enthusiasts. The demand for snowboards peaks during the winter months, a busy time for Malcolm
He advertises more aggressively and sells most of his snowboards around this time. Which market segmentation approach does Malcolm most likely use? A) gender segmentation B) psychographic segmentation C) occasion segmentation D) geographic segmentation E) age and life-cycle segmentation
Which type of product modification changes a product's versatility, effectiveness, convenience, or safety?
A. quality B. planned C. functional D. style E. use
What entry would you make on an income statement for NET SALES for the year ended December 31, 2011? Gross Sales, $200,000; Sales Returns and Allowances, $5,800; Sales Discounts, $5,700; Merchandise Inventory, January 1, 2011, $67,100; Merchandise Inventory, December 31, 2011, $51,900; Net Purchases, $89,200; Freight In, $700; Salaries, $81,800; Rent, $18,600; Utilities, $1,125; Insurance,
$2,175; and Income Tax, $14,900. A) $105,100 B) $118,600 C) $157,000 D) $188,500
The campus bookstore averages 150 customers per day. The store is open for 12 hours per day. Periodically, the store is not able to use the automated credit card machine and the average checkout time increases to 6 minutes. How many checkout lanes should the bookstore have if the manager wants a 30% capacity cushion?