Which of the following is an example of WIP inventory?
a. Waiting to be moved to another process.
b. Currently being worked on at a work center.
c. Lining up at a processing center due to a capacity bottleneck or machine breakdown.
d. All of the above.
e. None of the above.
Question 2
Product distribution franchises:
a. Are a new form of Internet franchise.
b. Mean franchisees license its trademarked product (or services) to franchisors.
c. Suggests the franchisor provides relatively little in the way of management assistance to the franchisees.
d. Exist only in industries that manufacture appliances.
e. Are rare in automobile and soft drink channels.
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