How does lean production differ from "batch work" methods?
A. It has fewer employees who are well trained.
B. It employs a large number of low-skilled workers.
C. It has more opportunity to cut costs by laying off employees.
D. It stresses the need for using the maximum number of people for production.
E. It emphasizes the use of maximum materials.
Answer: A
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A) prior period financial statements to look like the current period financial statements. B) current period income to reflect the cumulative effect of new method. C) prior period financial statements to reflect how they would have been presented had the new method been used in prior periods. D) current period accounts in the financial statements to what they would have been had the previous method been used in the current period.
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A) comparing to exemplars B) relying on the product descriptor C) announcing category benefits D) focusing on reliability E) persuasion based on believability
What is the difference between structured program training and on-the-job training?
What will be an ideal response?
List the direct labor variances and briefly describe each.
What will be an ideal response?