What is the objective of scheduling?
A) maximize quality
B) minimize cost
C) minimize response time
D) prioritize and allocate demand to available facilities
E) minimize lead time
D
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A sinking fund call:?
A. ?requires the company to pay a penalty to investors. B. ?does not require the company to pay a call premium. C. ?requires the company to redeem bonds at market price. D. ?does not require the company to pay a small percentage of the issue every year. E. ?requires the company to claim back all the interest payments from the bondholders.
Flamingo, Inc has the following budgeted figures
Jan Feb Mar April Sales $50,200 $67,000 $84,000 $95,000 Cost of goods sold 60% of sales Required ending inventory $10,000 + 25% of next month's sales Inventory on hand on Jan 1 $27,500 Calculate cost of goods sold for the month of February. A) $16,750 B) $30,120 C) $29,370 D) $40,200
Although it is very difficult to measure, measuring ________ performance is as important as measuring schedule and cost performance.
Fill in the blank(s) with the appropriate word(s).
A task group is
A. set up to satisfy the informal needs of the members in a group. B. also called an organic group. C. formed to carry out a particular function, such as producing or selling goods. D. often disbanded once the objective of the group is achieved.