When demand exceeds capacity, all of the following are reasonable options for the firm except
A. operating overtime hours to meet the demand.
B. starting a second or third shift.
C. subcontracting part of the work to other producers.
D. turning away some long-time customers.
E. expanding the capacity of the current facility.
Answer: D
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____________ power is power based on force and ability to punish others.
a. Legitimate b. Expert c. Coercive d. Referent
Bagrov Corporation had a net decrease in cash of $11,000 for the current year. Net cash used in investing activities was $53,000 and net cash used in financing activities was $39,000. What amount of cash was provided (used) in operating activities?
A. $(81,000) used. B. $81,000 provided. C. $(103,000) used. D. $103,000 provided. E. $(11,000) used.
ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable cost per unit are tabled here. Determine the process to be selected when the production volume is 3,000 units.
a. Process A
b. Process B
c. Process C
d. cannot be determined
The efficiency of sample information is the ratio of the expected value of sample information to ________
Fill in the blank with correct word.