In exponential smoothing, the closer alpha is to ________, the greater the reaction to the most recent demand
A) -1
B) 0
C) 1
D) -1 or 1
Answer: C
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Merati Corporation has two manufacturing departments-Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingAssemblyTotalEstimated total machine-hours (MHs) 5,000 5,000 10,000Estimated total fixed manufacturing overhead cost$28,000$10,500$38,500Estimated variable manufacturing overhead cost per MH$1.80$2.60 During the most recent month, the company started and completed two jobs-Job B and Job L. There were no beginning inventories. Data concerning those two jobs follow: Job BJob LForming machine-hours 3,400 1,600Assembly machine-hours 2,000 3,000Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The
manufacturing overhead applied to Job L is closest to: (Round your intermediate calculations to 2 decimal places.) A. $27,830 B. $11,840 C. $14,100 D. $25,940
Which of the following is an incorrect statement regarding termination by agreement?
A) The principal may decide to terminate the principal-agent relationship. B) The agent may decide to terminate the principal-agent relationship. C) When the principal-agent relationship is terminated by agreement, all third parties who dealt with the agent should be given actual notice by the principal. D) When the principal-agent relationship is terminated by agreement, actual notice may be given to others through advertisements in newspapers published in areas where the agent operated on behalf of the principal.
Which approach to capacity management would use a part-time workforce to increase capacity flexibility by enabling the firm to have more people at work during peak periods?
A) Time flexibility from workforce B) Use of seasonal workforce C) Use of subcontracting D) Use of dual facilities—dedicated and flexible
Effective differential pricing over time will generally increase the level of product availability for the consumer willing to pay full price, but will decrease total profits for the retailer
Indicate whether the statement is true or false.