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kiruha [24]
3 years ago
10

From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simu

ltaneously reducing inventory and reducing operating expense. True or false?
Business
1 answer:
OverLord2011 [107]3 years ago
8 0

Answer:

True

Explanation:

The theory of constraints focuses on establishing the most important limiting factor or constraint in a business and improve it in order to improve the whole company's performance.

In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.

This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.

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Cost behavior refers to the methods used to estimate costs for use in managerial decision making. True False
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Which of the following is a rule of thumb for cell phone or smartphone etiquette?
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A company purchased a computer system at a cost of $34,000. The estimated useful life is 7 years, and the estimated residual val
Ipatiy [6.2K]

Answer:

$7,000

Explanation:

Calculation for the depreciation expense for the second year

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3 years ago
What form of arbritration refers to situations where local representatives agree to comply with the arbitraters decision before
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binding arbitration

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Both parties agree to be bound by the decision of the arbiter and follow the recommendations/obligations stipulated by the arbiter at the end of the process.

That bound of the two parties makes it a binding arbitration.

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