The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repair shop is an average of 40 repairs day, while the actual repairs number an average of 36 per day. Given this information, the capacity efficiency percentage is ______.
a. (36/40) * 100%
b. (36/60) * 100%
c. (40/60) * 100%
d. ((36*40)/60) * 100%
a. (36/40) * 100%
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The proximate cause rule is designed to permit agents to collect commissions on sales completed after termination of the agency relationship if the sale primarily resulted from the agent's efforts.
Answer the following statement true (T) or false (F)
The term make-to-stock refers to ______.
A. products made in anticipation of a specific customer’s order B. products made after receiving a customer’s order C. products made in small volumes D. products that require little or no customization
One of the most commonly used pricing tactics, markup pricing, is also referred to as
A. profit-plus pricing. B. dynamic pricing. C. standard pricing. D. cost-plus pricing. E. profit margin pricing.
A loan that is usually a one-time loan made to a borrower who needs funds for a specific purpose for a short period is called a ________.
A) term loan B) bill of exchange C) mortgage loan D) single-payment note