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Which of the following is a graphical representation of a frequency distribution?
Which of the following is a graphical representation of a frequency distribution?A . Cause-and-effect diagramB . Pareto analysisC . Scatter diagramD . HistogramView AnswerAnswer: D
The theory of constraints is most effective when:
The theory of constraints is most effective when:A . demand environments are unstable.B . demand environments are stable.C . the constraint cannot be managed easily.D . the constraint cannot be identified easily.View AnswerAnswer: B
The contribution made by an operation to the final usefulness of a product is known as:
The contribution made by an operation to the final usefulness of a product is known as:A . the customer service level.B . value-added.C . the cost of quality.D . an order winner.View AnswerAnswer: B
Which of the following functional areas decides the product to be supplied and the customers to be served?
Which of the following functional areas decides the product to be supplied and the customers to be served?A . EngineeringB . FinanceC . ManufacturingD . MarketingView AnswerAnswer: D
A 5-year decline in demand for diapers most closely represents which of the following types of forecast patterns?
A 5-year decline in demand for diapers most closely represents which of the following types of forecast patterns?A . IrregularB . CyclicC . TrendD . SeasonalView AnswerAnswer: C
Manufacturing overhead includes which of the following types of costs?
Manufacturing overhead includes which of the following types of costs?A . Interest expenseB . SupervisionC . Direct laborD . Direct materialView AnswerAnswer: B
A company's cost of goods sold would be found on which of the following financial documents?
A company's cost of goods sold would be found on which of the following financial documents?A . Balance sheetB . Income statementC . Cash flow statementD . Performance statementView AnswerAnswer: B
Which of the following items is a source of independent demand?
Which of the following items is a source of independent demand?A . Customer orders for finished productsB . Subassembly requirements from material requirements planningC . Raw material requirements from material requirements planningD . Protective packaging for shipping customer ordersView AnswerAnswer: A
Which of the following items is considered an external failure cost?
Which of the following items is considered an external failure cost?A . Warranty costB . Incoming inspectionC . Prevention costD . Appraisal costView AnswerAnswer: A
In the income statement, the cost of goods sold is related to the:
In the income statement, the cost of goods sold is related to the:A . sales dollars.B . total inventory dollars.C . marketing expenses.D . manufacturing expenses.View AnswerAnswer: D
