Which of the following would most likely be considered a dependent demand item?
a. Bicycle tires used to assemble a bicycle
b. Television (TV)
c. Couch
d. Lawn Mower
a
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Psychological discounting involves setting an artificially high price and then offering the product at substantial savings
Indicate whether the statement is true or false
A shareholder of one-third of all the stock in a corporation would be entitled to one-third of all corporate assets of an ongoing company
a. True b. False Indicate whether the statement is true or false
Which of the following characteristics does NOT distinguish a team from a group?
a. two or more individuals b. specific performance objective or recognizable goal to be attained c. no reliance on others in the accomplishment of tasks d. coordination of activing among the members of the team is required
The waste that occurs from any variation in output as a result of poorly planned and designed systems is referred to as ______.
a. muri b. mura c. muda d. kaizen