Which of the following is NOT a concern of suppliers as they prepare to enter into JIT partnerships?
A) Suppliers feel that they would be less at risk if they contracted with more than one customer.
B) Suppliers are concerned that customers will present frequent engineering changes with inadequate lead time to deal with them.
C) Suppliers feel that their processes are suited for larger lot sizes than the customer wants.
D) Suppliers are concerned that frequent delivery of small quantities is economically prohibitive.
E) All of the above represent JIT supplier concerns.
E
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An 8 year project is estimated to produce a product with the following information: selling price = $80 per unit; variable costs are $65 per unit; fixed costs are $20,000; required return is 10%; initial investment = $200,000. Calculate the financial break-even.
A) 4,000 B) 3,833 C) 4,833 D) 3,000
Folksonomy is one of several data collection methods available in a Web 2.0 environment
Indicate whether the statement is true or false