In the lean perspective on inventory, often when a process is running smoothly:
A) it is likely that workers are underutilized.
B) it is likely that there is too little inventory in the system.
C) it is likely that there is too much inventory in the system.
D) it is likely that workers are overutilized.
Answer: C
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A firm has borrowed $1 million and assigned its receivables to the lender. Because of defaults, the receivables prove insufficient to cover the debt. In this case, the:
A) firm bears the risk of default B) insurance carrier will bear the risk C) lender bears the risk of default D) default risk is shared between lender and firm
When names are identical, filing order is determined by address elements in this order:
a. city names, street names, state or province names, house or building numbers b. city names, state or province names, street names, house or building numbers c. state or province names, city names, street names, house or building numbers d. street names, house or building numbers, city names, state or province names