Which of the following is a negative factor that people use to determine whether to become entrepreneurs?
A. Roles: Fulfilling family tradition, acting as leader
B. Self-realization: Recognition, achievement, status
C. Innovation: Creating something new
D. Risk: Potential for loss of income and wealth
Answer: D
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IDENTIFY TEST PROCESS SYMBOLS AND DIAGRAMS
Claris Water Company makes and sells filters for water drinking fountains for the public. The filter sells for $50. Recently a make/buy analysis was done based on the need for new manufacturing equipment. The equipment first cost of $200,000 and $25,000 annual operation cost comprise the fixed cost, while Claris’s variable cost is $20 per filter. The equipment has a 5-year life, no salvage value, and the MARR is 6% per year. The decision to make the filter was based on the breakeven point and the historical sales level of 5000 filters per year.
(a) Determine the breakeven point. (b) An engineer at Claris learned that an outsourcing firm offered to make the filters for $30 each, but this offer was rejected by the president as entirely too expensive. Perform the breakeven analysis of the two options and determine if the “make” decision was correct. (c) Develop and use the profit relations for both options to verify the preceding answers. (d) Use a spreadsheet to verify the answers to parts (b) and (c) above by plotting the profit lines.
A MOD 10 counter could not be built from a MOD 12 counter
Indicate whether the statement is true or false
What civilization had the most extensive plumbing system available in civilization up to that time?
A. Roman Empire B. ancient Greeks C. Ottoman Empire D. ancient Babylonians