What is the BEST measure for organization filexibility?
Answer(s): A
The best measure is how many skills there are per employee. That can prove for a very filexible organization.
The decision to use a functional layout or a process layout is dependent on what?
The decision to use a functional layout or a process layout is dependent on how much volume will be going through.
An important issue with revenue and expenses is the timing of the money received and the expenses paid. What financial statement helps to highlight this timing issue?
The Cash flow statement helps to show revenue and expenses during a period of time helping to highlight any timing issues. In an expanding business would buy equipment now for future profits. This is a cash flow issue.
JIT strives for an economic order quantity of what?
Answer(s): C
JIT strives for an economic order quantity of one. This is really a goal as it may not be practical, but it is the goal of a JIT program.
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