You Are the Quality Control Manager at a Shoe Factory

question 84

Multiple Choice

You are the quality control manager at a shoe factory. The factory is currently throwing out $50,000 per day in defective shoes that are rejected before shipping. You find that many defects are originating at one particular station and decide to address those issues. As a result, you reduce the number of rejects by 50%, saving your company what amount per day in defective shoes?

• A) $2,500
• B) $5,000
• C) $25,000
• D) $50,000

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Definitions:

Witnesses

Individuals who have directly seen an event, such as a crime or a transaction, and can provide a first-hand account of it.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed by all parties involved to be enforceable, typically including contracts for the sale of land, long-term contracts, and contracts for goods over a certain value.

Consumer Debts

Debts incurred by an individual primarily for personal, family, or household purposes, not for business or investment.

Codicil

is a supplement or addition to a will, either to modify, explain, or sometimes revoke provisions in an existing will.