How does pull-through production help minimize inventories in a just-in-time operating environment?
A) Products are made in anticipation of customer demand.
B) Products are made only when customer orders are received.
C) Products always goes through two or more processes.
D) Products produced are always identical.
B
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In which decade did the number of failures (of commercial banks and thrifts) per year average more than 100?
A. 1930s B. 1960s C. 1980s D. 1950s
Which of the following ratios is least useful in evaluating a company's ability to pay its current debts as they become due?
a. current ratio b. debt-to-equity ratio c. debt service coverage ratio d. acid-test ratio
Using which ethical philosophy would a marketer make the decision that provides the most good or the least harm?
A) utilitarian approach B) rights approach C) fairness or justice approach D) common good approach E) virtue approach
Which one of the following is true when the effective-interest method of amortizing bond discount is used?
a. Interest expense as a percentage of the bonds' book value varies from period to period. b. Interest expense remains constant for each period. c. Interest expense increases each period. d. The interest rate decreases each period.