Refer to the data on Expected Demand for Acme Widgets. For the various demand scenarios and their associated probabilities, the option to outsource has an expected value of ______.
A. $21.58 million
B. $39.56 million
C. $36.20 million
D. $51.55 million
C. $36.20 million
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Comparing activity-based management (ABM) and lean operations, all of the following are correct except
a. both identify value-adding and nonvalue-adding activities. b. ABM uses a more complex accounting system. c. both are activity-based systems. d. JIT focuses on the accuracy of cost assignment.
Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year: Work in Process, January 1$50,000 Work in Process, December 31 37,000 Direct materials used$12,500 Total factory overhead 5,500 Direct labor used 26,500
A. $57,500. B. $13,000. C. $89,000. D. $94,500. E. $44,500.
Which of the following is NOT an attribute of lean operations?
A) eliminating almost all inventory through just-in-time techniques B) minimizing space requirements by reducing the distance a part travels C) pushing responsibility to the highest level possible through centralized decision making D) educating suppliers to accept responsibility for helping meet customer needs E) building worker flexibility through cross-training and reducing job classifications
Which of the following categories was involved in the Skecher's ads for its Shape-Up Athletic shoes?
a. Saying things that are not true b. False impression c. Conflict of interest d. All of the above