The objective of a transportation problem solution is to schedule shipments from sources to destinations while minimizing total transportation and production costs
Indicate whether the statement is true or false
TRUE
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What advantage does virtuality offer over face-to-face communication?
a. real-time interaction b. no geographic barriers c. more physical reality d. increased popularity
Describe the job characteristics theory and why growth needs matter.
What will be an ideal response?
Luchini Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:a.The budgeted selling price per unit is $111. Budgeted unit sales for April, May, June, and July are 7,100, 10,100, 13,300, and 14,000 units, respectively. All sales are on credit.b.Regarding credit sales, 40% are collected in the month of the sale and 60% in the following month. c.The ending finished goods inventory equals 10% of the following month's sales. d.The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $5.00 per pound. e.Regarding raw materials purchases, 40% are paid for in the month
of purchase and 60% in the following month. f.The direct labor wage rate is $18.00 per hour. Each unit of finished goods requires 2.9 direct labor-hours. g.Variable manufacturing overhead is $7.00 per direct labor-hour. Fixed manufacturing overhead is zero. The budgeted accounts receivable balance at the end of May is closest to: A. $672,660 B. $747,000 C. $1,121,100 D. $448,440
A Gantt chart represents mainly:
A) an immediate identification of predecessor task. B) a record-keeping device used in scheduling activities. C) a general identifier. D) the number of workers directly involved in the project.