If the arrival rate is 12 cars per hour, and the number of cars serviced in 1 hour is 15, then the service time per car is ______.
a. 4 minutes
b. 5 minutes
c. 20 minutes
d. 3 minutes
a. 4 minutes
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Which of the following is NOT an element of a good control environment?
a. Trust b. Modeling c. Appropriate hiring d. Management's communication
A question that seeks more information is referred to as a(n)
a. open question. b. closed question. c. probing question. d. inquiring question.
Terry’s boss just made a degrading remark on his presentation report. What would be a positive FIRST step for Terry?
A. Reply back with a degrading comment to the boss. B. Take a few seconds to cool down and think through what’s best to say. C. Blame a coworker for the work done. D. Ignore the comment and move forward with the plan.
Cotton Corp. currently makes 10,000 subcomponents a year in one of its factories. The unit costs to produce are: Per unitDirect materials $32.50Direct labor 13.00Variable manufacturing overhead 19.50Fixed manufacturing overhead 26.00Total unit cost $91.00An outside supplier has offered to provide Cotton Corp. with the 10,000 subcomponents at an $84.50 per unit price. Fixed overhead is not avoidable. What is the maximum price Cotton Corp. should pay the outside supplier?
A. $65.00 B. $84.50 C. $58.50 D. $91.00