3 years ago

Which two statements are true about batch size, lead time, and utilization? (Choose two.)

1 answer:

6 0

Answer:

The answers are b. As batch size increases, lead time decreases and d. Batch size is influenced by the Product Owner, utilization is influenced by the Development Team

Explanation:

Invariably, a larger batch size leads to increase in lead time due to the fact that it will take lesser time to process smaller batches and when there's a larger batch it takes more time. And ultimately, the batch size is influenced by the product owner because he/she determines the sixe of each product batch based on market demand while the development team conducts tests for utilization which guides them in making decisions that influence utilization.

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During periods of decreasing costs, the use of the LIFO method of costing inventory will result in a lower amount of net income

gladu [14]

Answer:

b. False

Explanation:

LIFO stand for Last in First Out. This means LIFO inventory valuation is based on earlier goods purchased.

So, when costs are decreasing, they are affecting latter prices and this usually affect FIFO (First in First Out) not LIFO.

7 0

3 years ago

In the long run, the price charged by the monopolistically competitive firm attempting to maximize profits: must be less than at

elena-s [515]