Commercial truck drivers have really suffered financially as a result of increasing diesel fuel. As they look for ways to make their trucks perform more efficiently, manufacturers have created truck body designs that are more aerodynamically sound. This is an example of how _____ factors can help during recessionary periods.
A. technological
B. competitive
C. economic
D. cultural
E. demographic
Answer: A
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Studies on ethical behavior have attempted to relate differences in ethical conduct to differences in individual background, religious orientation, age, gender, nationality, and education-collectively, these are all ________ factors.
Fill in the blank(s) with the appropriate word(s).
Which of the following accounts would be placed after the debit(s) in a journal entry?
A) Interest Payable, when it has been decreased. B) Accounts Receivable, when it has been decreased. C) Unearned Revenue, when it has been decreased. D) Dividends, when it has been increased.
There are four basic types of evidence: the testimony of a witness, exhibits, facts that the attorneys have stipulated, and judicial notice
a. True b. False
Houma Containers, Inc, makes industrial fiberglass tanks that are used on offshore oil platforms. Demand for the next four months and capacities of the plant are shown in the table below. Unit cost on regular time is $400
Overtime cost is 150% of regular time cost. Subcontracting is available in substantial quantity but at a very high cost, $1100 per unit. Holding costs are $200 per tank per month; back orders cost the firm $1000 per unit per month. Houma's management believes that the transportation algorithm can be used to optimize this scheduling problem. The firm has no beginning inventory and anticipates no ending inventory. March April May June Demand 300 500 300 350 Regular capacity 200 200 250 250 Overtime capacity 50 50 50 50 Subcontract cap. 150 100 100 150 Answer the following questions based on the data table and solution table shown below. Houma Containers March April May June SUPPLY March regular time 400 600 800 1,000 200 March overtime 600 800 1,000 1,200 50 March subcontracting 1,100 1,300 1,500 1,700 150 April regular time 1,400 400 600 800 200 April overtime 1,600 600 800 1,000 50 April subcontracting 2,100 1,100 1,300 1,500 100 May regular time 2,400 1,400 400 600 250 May overtime 2,600 1,600 600 800 50 May subcontracting 3,100 2,100 1,100 1,300 100 June regular time 3,400 2,400 1,400 400 250 June overtime 3,600 2,600 1,600 600 50 June subcontracting 4,100 3,100 2,100 1,100 150 DEMAND 300 500 300 350 Houma Containers Solution Optimal Cost = $935,00 March April May June DUMMY March regular time 100. 100. March overtime 50. March subcontracting 150. April regular time 200. April overtime 50. April subcontracting 100. May regular time 250. May overtime 50. May subcontracting 50. 0. 50. June regular time 250. June overtime 50. June subcontracting 50. 100. a. How many units will be produced on regular time in June? b. How many units will be produced by subcontracting over the four-month period? c. What will be the inventory at the end of April? d. What will be total production from all sources in April? e. What will be the total cost of the optimum solution? f. Does the firm utilize the expensive options of subcontracting and back ordering? When; why?