The linear programming model for a transportation problem has constraints for:
A) supply at each source.
B) supply at each source and demand at each destination.
C) demand at each destination.
D) a feasible solution.
Answer: B
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In what ways can the relational mental models affect what happens in the workplace?
What will be an ideal response?
________ activities are supported by structured process
A) Operations and manufacturing B) Sales and marketing C) Media and human resource D) Media and customer service
Absolute purchasing power parity is
A) likely to hold in real world situations because currency markets move so quickly today. B) unlikely to hold in real world situations because goods cannot move as easily as currencies. C) likely to hold because governments closely watch these markets to prevent their currencies from becoming overvalued. D) unlikely to hold because governments closely watch these markets to prevent their currencies from becoming undervalued.
Wanger, Inc., manufactures and sells two products: Product G1 and Product F2. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct G1800 9.0 7,200 Product F2800 11.0 8,800 Total direct labor-hours 16,000 The direct labor rate is $15.30 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct G1$100.50 Product F2$292.00 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead
CostExpected Activity???Product G1Product F2TotalLabor-relatedDLHs$732,480 7,2008,80016,000Machine setupssetups 53,809 400300700Order sizeMHs 600,525 3,8003,7007,500 $1,386,814 If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product G1 would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $691.83 per unit B. $780.12 per unit C. $412.02 per unit D. $720.63 per unit