Which of the following statements is true with regard to the product lifecycle management (PLM)?
a. PLM focuses on managing the engineering aspects of a product throughout its useful life.
b. The decline stage is usually shorter than the growth stage in the PLM.
c. The growth stage is usually shorter than the decline stage in the PLM.
d. PLM is a manufacturing concept that refers to the decline phase of the product.
a. PLM focuses on managing the engineering aspects of a product throughout its useful life.
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Creden has left 50 acres of land to the First Church of Magnolia with the condition that it shall own and have rights to it forever; however, if the church ever permits alcohol to be served on the premises, the property will immediately go back to Creden or, if Creden is deceased, to his heirs. Creden has granted the church a:
A. fee simple. B. fee tail. C. fee simple defeasible. D. life estate.
Send a ________ to take note of a significant event in someone's business or personal life
A) message of appreciation B) message of congratulations C) message of acknowledgement D) message of recognizance E) message of interest
What are opportunity costs in general? What are the opportunity costs for entrepreneurs?
What will be an ideal response?
Fatzinger Corporation has two production departments, Milling and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MillingAssemblyMachine-hours 20,000 14,000Direct labor-hours 2,000 7,000Total fixed manufacturing overhead cost$132,000$57,400Variable manufacturing overhead per machine-hour$2.30 Variable manufacturing overhead per direct labor-hour $3.40 The predetermined overhead rate for the Assembly Department is closest to:
A. $4.06 per direct labor-hour B. $11.60 per direct labor-hour C. $8.20 per direct labor-hour D. $3.40 per direct labor-hour