Answers

JJ

Answered

In a decentralized organization,decisions are made by managers throughout the company rather than by a few top executives.

On Jul 12, 2024


True
JJ

Answered

The word "kanban" means

A) low inventory.
B) employee empowerment.
C) card.
D) continuous improvement.
E) lot size of one.

On Jul 10, 2024


C
JJ

Answered

There are 5 jobs (A, B, C, D,
E) that need to be completed in a work centre. The due dates are the 10th, 13th, 8th, 20th, and 15th respectively with process times of 7, 12, 7, 20, and 10 respectively as well. If today is the 1st of the month calculate the critical ratio for each and use this value to sequence the jobs in the order they should be started.

On Jun 12, 2024


A = 10/7 = 1.43
B = 13/12 = 1.08
C = 8/7 = 1.14
D = 20/20 = 1
E = 15/10 = 1.5
Thus the sequence would be DBCAE, or lowest critical ratio first
JJ

Answered

Melissa cannot transfer control of the goods held by a bailee by transferring a document of title.

On Jun 10, 2024


False
JJ

Answered

A budget surplus occurs when government receipts fall short of government spending.

On May 13, 2024


False
JJ

Answered

Identify the reasons for buying in the make-or-buy decision.

On May 11, 2024


The reasons for buying in the make-or-buy decision include freeing management to focus on primary business; lower acquisition cost; preserve supplier commitment; obtain technical or managerial ability; inadequate capacity; reduce inventory costs; ensure alternative sources of supply; inadequate managerial or technical resources; reciprocity; and item is protected by patent or trade secret.
JJ

Answered

When a new partner purchases the entire interest of an old partner, the new partner's capital account should be credited for the amount he or she paid to the old partner.

On May 10, 2024


False