Group technology requires that:
A) each component be identified by a coding scheme that specifies size, shape, and the type of processing.
B) a specific series of engineering drawings be prepared.
C) all bills of material be prepared using the same format.
D) engineering change notices be linked to each of the bills of material and engineering notices.
E) the final products be standardized.
A
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Which one of the following statements is correct if a firm has a receivables turnover measure of 10?
A. It takes a firm 10 days to collect payment from its customers. B. It takes a firm 36.5 days to sell its inventory and collect the payment from the sale. C. It takes a firm 36.5 days to pay its creditors. D. The firm has an average collection period of 36.5 days. E. The firm has ten times more in accounts receivable than it does in cash.
________ is one of the three general steps that should be followed when analyzing qualitative data. In this step, the researcher develops a visual interpretation of the data with the use of such tools as a diagram, chart or matrix
A) Data display B) Data reduction C) Data determination D) Conclusion drawing and verification