The visual control approach to inventory management is a scientific method.
Answer the following statement true (T) or false (F)
False
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The available purchasing power in an economy depends on current income, prices, savings, debt, and credit availability
Indicate whether the statement is true or false
Factory overhead:
a. Can be a variable cost or a fixed cost. b. Is a prime cost. c. Can only be a fixed cost. d. Includes all factory labor.
When considering the Project Management Maturity Model, progress from one level to the next is relatively quick with adequate planning.
Answer the following statement true (T) or false (F)
A producer has a few territories where many big customers are concentrated, but most of its target customers are spread all over the country. Which of the following is true?
A. The company should use sales branches in the concentrated territories and manufacturers' agents in the others-assuming the concentrated territories are large enough to support sales branches. B. The company should use sales branches everywhere, since it will cost more to use manufacturers' agents. C. The company should use manufacturers' agents in the best territories and sales branches in the others, since good agents won't work in the smaller territories. D. The company will probably have to rely only on manufacturers' agents, since they will only be willing to take the widely scattered markets if they can have the good territories too. E. All these answers are correct.