_____ describes the process of strategically managing the efficient flow and storage of raw materials, in-process inventory, and finished goods from point of origin to point of consumption.
A. Contract logistics
B. Logistics
C. Cross-docking
D. Disintermediation
E. Channel facilitation
Answer: B
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Which of the following is not a distortion in perception?
A. Cognitive dissonance B. Stereotyping C. Halo effect D. The recency effect E. Causal attribution
Flexible manufacturing systems are
a. designed to provide more flexibility in a firm's manufacturing process by using computer-aided machinery. b. the same as computer-aided design systems. c. commonly used by firms that need to make large quantities of one product. d. are very complicated and cause increased defect rates in output.
A product is introduced into a market, gains the acceptance of a fickle public, and finally is supplanted by a new and improved offering. This phenomenon is known as the:
A) Product life cycle. B) Rule of 80. C) Mendoza line. D) Beta.
Meals on Wings Inc, which supplies prepared meals for corporate aircraft, needs to purchase new broilers
The new broilers would replace broilers purchased 10 years ago for $105,000, which are being depreciated on a straight-line basis to a zero salvage value (15-year depreciable life). The old broilers can be sold today for $63,000. The new broilers will cost $202,000, installed (not counting funds already spent), and will be depreciated using straight-line depreciation over their 5-year life. They will be sold at their book value at the end of the 5th year. The firm expects to increase its revenues by $27,000 per year if the new broilers are purchased, but cash expenses will also increase by $3,000 per year. Annual interest expense will be $2,000, and net working capital will increase by $5,000. The new broilers will occupy space currently leased to another firm for $530 per month, and $5,000 has already been spent preparing the building for new broilers. The firm's tax rate is 40%. What is the NPV for the proposed acquisition if the cost of capital is 10%? Round your answers to the nearest dollar. A) -$61,329 B) -$53,605 C) -$49,968 D) -$46,863 E) -$44,968