The time between completions of successive units on a production line is called:
A) cycle time.
B) takt time.
C) elapsed time.
D) work time.
Answer: A
You might also like to view...
The last step of the minimal spanning tree solution method is to make sure all nodes have joined the spanning tree
Indicate whether this statement is true or false.
Luxury Production Materials (LPM) generated the following information for its capital budgeting manager: Capital Structure Project Cost IRR Type of Capital Proportion D $70,000 18.0% Debt
60.0% E 65,000 15.0 Common equity 40.0 F 75,000 14.0 G 72,000 12.0 LPM's weighted average cost of capital (WACC) is 13 percent if the firm does not have to issue new common equity; if new common equity is needed, its WACC is 16 percent. If LPM expects to generate $80,000 in retained earnings this year, which project(s) should be purchased? Assume that the projects are independent and indivisible. A. Only Project D should be purchased. B. Projects D and E should be purchased. C. Projects D, E, and F should be purchased. D. All of the projects should be purchased. E. None of the projects should be purchased.
The ________ methods of computing uncollectible accounts use balance sheet relations to estimate bad debts-mainly the relation between accounts receivable and the allowance amount.
Fill in the blank(s) with the appropriate word(s).
While working in a fast food outlet, Harold observed that most of the customers were working in offices in the neighborhood. Sensing a profitable opportunity, he decided to open a catering business. He offered to deliver lunch directly to the offices so that the businesspeople would not have to interrupt their meetings to go out for lunch. In the context of the above scenario, which of the following was the reason for Harold to start his own business?
A. To obtain fresh inventory B. To select a competitive environment C. To take advantage of the latest technology to fill a void D. To have a free hand in selecting personnel