Deming described his Theory of Management in which book?
a. Out of Denial
b. Out of Crisis
c. Out of Complications
d. Out of Africa
b. Out of Crisis
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Registered bonds are those whose ownership is recorded in the corporate records
Indicate whether the statement is true or false
Building some over-capacity in the supply chain network and making the capacity flexible allows a firm to alter production flows within the supply chain to
A) produce less in facilities that have a lower cost based on current exchange rates. B) produce more in facilities that have a lower cost based on current exchange rates. C) produce more in facilities that have a higher cost based on current exchange rates. D) produce less in facilities that have the same cost based on current exchange rates.
A consideration to create products and services that are easy to make is:
A) DFE. B) CAM. C) QFD. D) DFM.
Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit$91 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$7Variable manufacturing overhead$3Fixed manufacturing overhead per year$480,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$84,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year12,00010,000Units sold during the year9,00010,000Units in ending inventory3,0003,000The net operating income (loss) under absorption costing in Year 2 is closest to:
A. $224,000 B. $164,000 C. $80,000 D. $56,000