Which of the following is not a product design objective?
A) Design a product that meets customer requirements.
B) Design a quality product.
C) Minimize production costs.
D) Make the design easy to track for cost accounting purposes.
Answer: D
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A company has net credit sales of $1,400,000, beginning net accounts receivable of $260,000, and ending net accounts receivable of $203,000
What is the days' sales in accounts receivable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole day.) A) 60 days B) 121 days C) 53 days D) 68 days
Which of the following does not contribute to the difficulty in planning personnel utilization in retailing?
a. high employee turnover b. self-service merchandising c. inflexibility due to union issues d. large shifts in demand due to seasonality