A company must pay each month's bills for rent, heat, interest, and executive salaries regardless of the cormpany's level of output. These expenses represent O a. Fixed costs O b. Target costs Oc. Direct costs O d. Variable costs O e. Total costs hp
Q: At XYZ Bank, all operational decisions regarding promotional measures, interest rates, benefits, and…
A: Operational decision Operational decisions are all the decisions made to manage the day-to-day…
Q: Today is May 16th. We have got the interim result of the sales figures in the first half of May.…
A: Sales targets stated before the beginning of the task give a clear idea to the sales agents…
Q: What is the primary advantage of a value chain index? O It could be used by suppliers to specify…
A: ANSWER: A value chain index is defined as performance improvement index which is designed to measure…
Q: a. you cannot expect to make abnormal returns by trading on private information b. you can…
A: The efficient-market hypothesis (EMH) reflects that the financial markets are “informationally…
Q: Comprehensive Problem 1 Part 2 and Part 3: The following is a comprehensive problem which…
A: Closing balance date account title debit credit 2014 May-31 Fees earned…
Q: Market refers to the whole area of operation of demand and supply. A.True B. False
A: Market can be defined as a place where goods are bought and sold for a particular price, which can…
Q: Which of the following statements is false? a. Saving a portion of one's income in a pension is a…
A: The study of consumer behavior helps businesses to understand what actions or thoughts a consumer…
Q: Martin and Lorraine are Engineering graduates who have struggled to find employment post university.…
A: Operations management is an area of management dealing with production, storage and delivery of…
Q: ) How would you teach the congruence model to your peers? W
A: The congruence model for a business is a change management process that examines the performance of…
Q: Which of the following statements is CORRECT? a. Other things being equal, if a company can reduce…
A: DSO refers to a company’s Days Sales Outstanding.
Q: (True, False) Stagflation happens when the economy is experiencing a bust and deflation. Stagflation…
A: "Since you have posted questions with multiple sub-parts, we will solve the first three sub-parts…
Q: uppose an economy is hit by natural disaster and its natural resources decreases. a) Show…
A: In the figure, the horizontal axis represents the quantity and the vertical axis represents a…
Q: Based on the data presented below, which one of the following statements is true? Product X Product…
A: Price elasticity of demand is all about assessing the change in demand of a particular product with…
Q: Acme Houseware established a goal to increaseits sales by 20 percent in the next year. Toensure that…
A: In order to ensure constant growth with less distortion, continuous supervision of the working…
Q: 1. Is it ethical to give or take bribes just because everybody does it and it is an accepted…
A: Note: Since we only answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question…
Q: Which statement is true? O a. A controlling area and a company code must have the same local…
A: Company code: Every company has the company code as it is registered under the companies act and…
Q: Please fix the following sentences. ADD Any commas and fix grammatical errors. 1. The manager…
A: 1. The manager, made a point by point explanation of the distribution dilemma and then presented his…
Q: Cost management has evolved from a focus on measurement to one of identifying those measures thatare…
A: The answer is d. A system in which strategically relevant cost management information is an…
Q: For each statement please choose true or false 4) The coordinator makes the edition of the newspaper…
A: The gazette is the type of article or the journal and various information regarding the particular…
Q: Assume that you are a partner with the firm of Santos & Lopez LLP. You have been asked by Gonzales,…
A: In case, Gonzales desires to provide the presentation and CPA's report for general use by…
Q: Chapman Inc. sells a single product, Zud, which has a budgeted selling price of $24 per unit and…
A: Sales volume variance = (Actual sales - Budgeted sales) * contribution margin per unit
Q: Suppose that Mac only kept track of the number of magazines sold. Would thisgive an accurate…
A: Currently, person M had kept the record of weekly demand for magazines which included the number of…
Q: Tim and his wife were having a few friends over for dinner, many of whom Tim knew from an…
A: Market entry strategy can be explained as the strategy that the companies or organizations use to…
Q: The following statements are true regarding the customer perspective EXCEPT:
A: Customer perspective simply means to think and evaluate the way your customers think about your…
Q: Please answer A-C with the most true answer. A. Which of the following is most closely associated…
A: The correct option is (a) - cost of equity The cost of equity is the return that the company needs…
Q: they do not have a lot of capital to spend on advertising or market research. Use complete sentences…
A: Megan and danielle as they want to start a new business various aspects regarding the product,…
Q: Q1: Statement I - Skills and expertise are not important in considering manpower. Statement II -…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: three conditions under which the ABC system is more useful
A: The ABC system is mostly utilized in the manufacturing sector since it enhances the dependability of…
Q: Urgent Please : 3. Describe the 4 stages of the expenditure cycle? Answer must be plagirism…
A: An expenditure cycle is observed in manufacturing operations, as expenditure refers to the cost…
Q: “We promise our customers stellar service, our suppliers a valuable partner, our investors the…
A: Netflix was started in 1997 by Reed Hastings and Marc Randolph. It provides entertainment services…
Q: Pestel analysis on the zoom company
A: The organization Z belongs to the United States of America. Telecommunications and providing…
Q: The following are the benefits of financial module except: Select one: a. Automate financial and…
A: The financial module is the core of many ERP software systems. It gathers financial data from…
Q: Which of the following is the correct sequence in which cost management information is developedand…
A: d. Business events, data, information, knowledge, decisions
Q: The goal of the firm be defined as a Select one: O a. Target against which its cost can be measured…
A: The goal of the firm be defined as
Q: Revenue management decisions-like other pricing and revenue optimization decisions- are usually…
A: Answer: Option (C) Not Applicable
Q: 1. Which of the following statements is true about home-country nationals? a. Local managers hired…
A: Expatriates are those people who live in another country for the purpose of work. The organizations…
Q: When order requests come in, the designers of Modern Furniture often go to a client's location to…
A: 7. When order requests come in, the designers of Modern Furniture often go to a client's location to…
Q: Which of the following differs cost accounting from financial accounting? to. Cost accounting…
A: Cost Accounting applies to that section of accounting that handles costs acquired in the production…
Q: Which of the following would not directly change thereceivables turnover ratio for a company?a.…
A: The company profit can be defined as the income the company receives after selling the product in…
Q: Period costs are:
A: Costs refer to the amount paid for something. In business, costs refer to the amount of money spent…
Q: __________________ implies supply, production, distribution and waste management. The management of…
A: There are many activities and tasks that are carried on in an organization. The activities and tasks…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Question 1 You may produce seven products by consuming three materials. The unit sales price and material consumption of each product are listed in Table 1. For each day, the supply of these three materials are limited. The supply limits are listed in Table 2. For each day, you need to determine the production quantity for each product. Product Price Material 1 Material 2 Material 3 1 100 0 3 10 2 120 5 10 10 3 135 5 3 9 4 90 4 6 3 5 125 8 2 8 6 110 5 2 10 7 105 3 2 7 Table 1: Product information for Problem 1 Material Supply limit 1 100 2 150 3 200 Table 2: Material information for Problem 1 Formulate a linear integer program that generates a feasible production plan to maximize the total profit (which is also the total revenue, as there is no cost in this problem). Then write a computer program…QUESTION THREEa) Zambia Breweries has a backlog of 250 crates of Fanta drinks at the end of December. The demand of Fanta drinks is expected to be 400 crates in January, 500 crates in February and 550 crates in March. Each worker can produce 50 crates of drinks per month with regular wage costing the company K10 000 per worker per month. Hiring cost has been calculated to be K25 000 per. Hiring cost has also been calculated to be K50 000 per worker. Backlog cost have been determined to cost the company K250 per worker. There are no cost associated with carrying the inventory. Develop a level of production plan (aggregate plan) and determine the cost. b) Explain why aggregate planning is necessary in production and operation management.c) Define the meaning and what happens at each of these aggregate capacity planning;i) Matching Demand approachii) Level Capacity approach.Practice Question 1 BackgroundKC Mechanic Shop was established by Mr. John, a seasoned mechanic who has over 20 years ofexperience in the automotive repair industry. Sales figures for the last ten months are as follows:-Months Actual Sales1 30,0002 39,0003 42,0004 50,0005 55,0006 61,0007 70,0008 77,0009 81,50010 90,000Spare Parts Use a three-period and a four-period weighted moving average to forecast salesfor the 12th month. (Use weights of 1,2,3 and 1,2,3 4). From the data provided in the case, use MAD to determine which forecastingtechnique is more accurate. If forecast for month 7 is $72,000, with an alpha of 0.4, use exponentialsmoothing to forecast sales for months 8 and 9.
- question 2 Hiring workers A company payshis skilled workers S15 per hour in his departmentassembly tool. semi-skilled workersin that department they earn S9 per hour To the employeestwo of shipments are paid SIO per hour Because of aincrease in orders, the company needs to contractemploy a total of 70 workers in the departments ofassembly and shipping Will pay a total of $760 per hourto these employees. Because of a contract with the unionlaw, twice as many semi-semi-workers should be employed.lified than skilled workers. How manysemi-skilled workers, skilled workers and employees ofshipments should hire the company? Note: Solve by Inverse-Excel # OF SEMI-SKILLED WORKERS # OF SKILLED WORKERS # OF SHIPPING WORKERSAP#6 Issue: Many employers no longer pay by cash or even check. The trend is to move to either direct deposit or pay cards (someday cell phone). Without the use of paper checks, the employee is no longer receiving a copy of their paystub on a regular basis. Many companies now use some form of online or computerized system for employees to access their paystubs, however, many employees do not bother to look at these electronic paystubs on a regular basis, or even at all. Questions to be Answered: 1) What is one important reason from an employee’s perspective that employee’s should always review their paystub each payday? 2) What is one important reason from an employer’s perspective that employee’s should always review their paystub each payday? 3) What is one creative method a payroll professional can use to help an employee understand their earnings, deductions, and pay method so that the better understand the information on their paystubs?QUESTION 1 Trinity product Limited makes and sells three which the following information is available Standard cost and selling price per unit Day Scan types of electronic Night scan security systems for Omni scan GH¢ GH¢ GH¢ Material 70 110 155 Manufacturing labour 40 55 70 Installation labour 24 32 44 Variable overheads 16 20 28 Selling price 250 320 460 Fixed cost for the period are GH¢450,000 and installation labour, which is highly skilled is available for 25,000 hours only in a period and is paid GH¢8 per hour. Both manufacturing and installation labour are variable cost. The maximum demand for the period is: Day scan 2,000 units; Night scan 3,000 units; Omni scan 1,800 units. Required Calculate the shortfall (if any) in hours of installation Determine the best production plan assuming the…
- Q21 The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $ 348,000 Cost of goods sold 305,000 Value of production materials on-hand 42,500 Value of work-in-process inventory 67,000 Value of finished goods on-hand 27,500 a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)QUESTION TWO Musa's Cashmere Sweaters has authorized the following MPS for her exclusive line of cashmere sweaters. She wants to use the MPS record for promising future orders. Current order promises are included. The MPS order quantity is 60 units. Beginning Inventory is 0. Complete the following MPS record. Period 1 2 3 4 5 6 7 8 9 10 11 12 Forecast 15 15 15 15 20 20 20 20 25 25 25 25 Customer orders 12 10 8 25 40 0 15 30 30 0 0 40 Projected available Available-to-promise MPS 60QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations?
- __________________________________________________________________________Question No. 1A) Prepare the total budgeted sales in dollars for the quarter ended March 31, 2021 usingthe following data.Feb Mar AprQuantity of budgeted units for salesJan 25000 Feb 55000 Mar 35000 Apr 40000 Expected selling prices of each unitJan $12 Feb $15 Mar $20 Apr $22 B) What is Budget & how does it helps management in managing business?Multiple choice question 7. Lot sizing is selecting the _______ size of a batch of products to be manufactured to meet the ________ of the process. a) Smallest/demand b) Largest/supply c) Required/requirements d) Optimal/requirements e) None of the above 9. Identify the incorrect statement: a) Capacity is a critical resource b) Capacity is an infinite resource c) Capacity is never constant d) Capacity can be defined as a dimension of time e) None of the above are incorrect 10. The break-even point is where: a) Total income = Fixed cost + (variable costs x quantity produced). b) Total costs = Fixed costs. c) Variable costs x quantity produced = price per unit x quantity produced d) None of the above 10. Aggregate planning decisions are __________ decisions defining the parameters within which an organisation will operate. a) Strategic b) Tactical c) Top management d) StakeholderQuestion 38 Pasensya Ka Na Ha God Bless Co., an investment company, is constructing a complex of four residential rental buildings that will have more than 100 units. The complex is in a geographic area that has a long rainy season. Which of the following steps would likely be most essential to monitoring and mitigating the risk of rain damage? a. Assuring compliance with local codes during construction b. Establish a reserve for capital expenditures, if needed c. Actively encouraging renters to report possible problems d. Monthly inspection by internal maintenance staff and annual assessment by external engineering firms Question 39 Which of the following is the best approach in assessing an organization's risk management approach? a. Consider multiple components of an organization's industry, culture, and objectives to determine the most effective risk management approach b. Find out what is the most common framework being used by competitors in the industry c.…
