An instrument is not defective because it has been dishonored.
Answer the following statement true (T) or false (F)
False
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The purpose of establishing a desired rate of return on investment is to set a point above which the best alternative will be considered acceptable
Indicate whether the statement is true or false
The ________ were developed in the manufacturing economy of the 1960s when large consumer goods were serving mass markets
A) 4 Ps B) 7 Ps C) 12 variables D) 4 Cs E) 7 Cs
Brandon's computer shop has hired a consultant to help apply operations management techniques to increase profits. Currently the shop sells most of its computers to a high-end customized online retailer and sales are steady at 250 per month
A single work cell produces the computers. To produce the computer, three operations are required. First the parts must be assembled, next software must be installed, and finally the computer must be safely packed and labeled for shipping. These operations take 2 hours, 5 hours, and 1 hour respectively. If there are 6 available work hours each day and the shop operates 20 days per month find: (a) the takt time, and (b) the number of workers Brandon should hire.
The five categories of activities (operation, transportation, inspection, delay, and storage) are used in which of the following methods of process analysis?
A) multiple-activity chart B) process chart C) capital budgeting D) flow diagram