The book value of an old machine is always considered an opportunity cost in a decision.
Answer the following statement true (T) or false (F)
False
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Michael Dell of Dell Computer explained:"We tell our suppliers exactly what our daily production requirements are so it is not, "Well, every two weeks deliver 5,000 to this warehouse, and we'll put them on the shelf, and then we'll take them off the shelf." It is, "Tomorrow morning we need 8,562, and deliver them to door number seven by 7 am."How does the supply chain management software allow this to happen? And how does it save Dell money?
What will be an ideal response?
The key to allocating overhead costs is the determination of the ____
A) overhead B) cost driver C) direct labor D) product cost
How are learning curves useful in financial planning?
What will be an ideal response?
Normalization is the process of removing anomalies from database design
Indicate whether the statement is true or false