Which of the following statements about the work package is true?
a. The work breakdown structure is part of the work package.
b. The work package is determined in the conceptualization stage of the project.
c. The work package is part of the process following the completion of the project.
d. The work package is part of the work breakdown structure.
d. The work package is part of the work breakdown structure.
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The highest value of total cost was $800,000 in June for Horchata Beverages, Inc. Its lowest value of total cost was $510,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8000 units, respectively. What is the fixed cost per month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $510,000 B) $290,000 C) $46,000 D) $8000
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, what is the amount of phosphate from the Phosphate Max brand?
A. 23.20 B. 38.40 C. 17.65 D. 15.80
The project team toiled long into the night to develop consequence of failure scores and probability of failure scores as indicated below. What is the overall risk factor for the project?
Maturity 0.7 Cost 0.4 Complexity 0.6 Schedule 0. 6 Dependency 0.8 Reliability 0.8 Performance 0.9 A) Less than or equal to 0.7 B) Greater than 0.7 but less than or equal to 0.8 C) Greater than 0.8 but less than or equal to 0.9 D) Greater than 0.9
When the sales price per unit decreases, the contribution margin per unit ________
A) increases proportionately B) increases C) remains the same D) decreases