The CRP system converts tentative planned shop orders into standard hours of load by ______.
a. assessing the levels of inventory of finished product, given the availability of raw materials
b. multiplying each period’s production quantity requirements by standard labor or equipment requirements per unit, or both
c. averaging the availability of resources per production hour
d. basing the calculations on the production volume from the preceding production period
b. multiplying each period’s production quantity requirements by standard labor or equipment requirements per unit, or both
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The last dividend on Spirex Corporation's common stock was $4.00, and the expected growth rate is 10 percent. If you require a rate of return of 20 percent, what is the highest price you should be willing to pay for this stock?
A. $38.00 B. $40.00 C. $45.00 D. $44.00 E. $50.00
Courts usually consider advertisements to be only an offer to deal
a. True b. False Indicate whether the statement is true or false
The Fish House, a seafood restaurant, obtains from Guaranty Insurance Company a policy that pro¬vides if a dispute arises between the parties concerning the settle¬ment of a claim, the dispute must be submitted to an impartial third party, not a court, for resolution. This is
a. an antilapse clause. b. an arbitration clause. c. an appraisal clause. d. an incontestability clause.
A simple method of determining when an item should be cycle counted is:
A) count when the item is ordered. B) count items which don't appear to be used often. C) count each time the item is picked. D) count items which have been in storage for a given period of time. E) count each item once per month.