In transportation problems, the three sets of input numbers that are required are capacities, demands and flows
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is true about market nichers?
A) They are market followers in small markets. B) They tend to have high manufacturing costs. C) Their return on investment exceeds that in larger markets. D) A nicher achieves high volume as against a mass marketer that achieves high margin. E) They usually experience long-term losses.
According to the text, examples of cases used in case studies could be all of the following EXCEPT:
A) customers. B) stores. C) firms. D) markets. E) surveys.
The most appropriate basis for allocating the factory building rent to specific departments would be the:
a. Number of machines in each department. b. Number of employees in each department. c. Square footage of each department. d. Amount of time the plant manager spends in the department.
Record journal entries for the following transactions. (a) On December 1, $18,000 was received for a service contract to be performed from December 1 through April 30. (b) Assuming the work is performed evenly throughout the contract period, prepare the adjusting journal entry on December 31