Which of the following statements is true with regard to JIT in global supply chains?
a. Shipping numerous small quantities of products is less cost-effective over long distances.
b. Communication is not as important as it is replaced by Kanban.
c. JIT can increase the number of suppliers.
d. JIT can decrease the quality of goods supplied.
a. Shipping numerous small quantities of products is less cost-effective over long distances.
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An interviewer who follows a predetermined agenda, including a series of questions and statements designed to elicit necessary information is conducting which type of interview?
a. Stress interview b. Planned interview c. Structured interview d. Group interview
Indicate the group of words in which the number or numbers are correctly expressed. Which is correct?
A) We ordered 12 boxes of printer cartridges 2 weeks ago. B) We ordered 12 boxes of printer cartridges two weeks ago.
Wessner Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$6.20 Direct labor$2.80 Variable manufacturing overhead$1.45 Fixed manufacturing overhead $12,000 Sales commissions$1.00 Variable administrative expense$0.55 Fixed selling and administrative expense $4,000 If 5,000 units are produced, the total amount of manufacturing overhead cost is closest to:
A. $18,625 B. $18,000 C. $19,250 D. $20,500
The mode is best described as the:
a. middle observation b. same as the average c. 50th percentile d. most frequently occurring value e. third quartile