Selecting the lowest cost technology:
A) will minimize the cost of future upgrades.
B) will result in the highest long-run NPV.
C) could rule out future flexibility.
D) may not permit future expansion.
Answer: C) could rule out future flexibility.
Business
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One hundred units of part A are to be processed on a work center. The setup time is 2 hours and
the run time per piece is 10 minutes. The total standard time will be: A) 1120 minutes. B) 10 minutes. C) 2 hours 10 minutes. D) 1000 minutes. E) 3 hours 40 minutes.
Business
Proper management of cash accounts can yield the owner additional leverage, the equivalent to actually keeping the capital in the accounts
Indicate whether the statement is true or false.
Business