The time required to change a machine from making one product or service to the next is called:
A) cycle time.
B) setup time.
C) queue time.
D) hold time.
B
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The amount of cash the maker is to pay the payee on the maturity date of the note is called the ____________________
Fill in the blank(s) with correct word
A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the current ratio would be
a. 1.75 to 1 b. 2.25 to 1 c. 3.00 to 1 d. 3.50 to 1
A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed
A) cash-and-carry wholesaler B) broker C) retailer D) wholesaler E) commission merchant
Manufacturers' ________, also called manufacturers' representatives, represent a buyer or seller on an ongoing basis.
A. intermediaries B. agents C. retailers D. franchisers E. brokers